1071 Rt 47 South, Rio Grande, NJ 08242

Property Description

AUCTION AUCTION AUCTION. Starting bid is $399,999 plus bidders premium. See full auction details. Rio Grande, New Jersey, Investment Opportunity - Possibilities are endless! This structure was built in 1878. It housed a veterinary hospital for many years, and subsequently a tattoo studio for many years thereafter. Own a little bit of history and own your own story. Location is everything - this property is within walking distance to the business district of Rio Grande, which is the hub of business activity in lower Cape May County. This 1.4-acre parcel offers 153.9 feet of frontage on Route 47 South, with a depth on the righthand side of 513 feet. Lots of space to add structure, parking, and/or storage. Most recently, the first level was operating as the tattoo studio, with the second and third levels offering apartment space. This property was loved for many years and does need updating. Property is priced accordingly. Seller will do no repairs, and Buyer will be responsible for all Certifications and any necessary repairs. All information is from a 3rd party, and it is the responsibility of the purchaser to verify everything including all fees, potential assessments and measurements. Property recently inspected by Fire Prevention and Inspection Bureau and received certification of fire code status (non-transferable). Auction is subject to bidders premium and reimbursement. Sold as-is.