1228 Route 109 Highway

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1228 Route 109 Highway

Lower Township, NJ 08204
Asking Price
$3.30M
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront available for purchase at 1228 Route 109 Highway
  • Total building size measures 6,200 square feet of interior space
  • Asking price for the commercial asset is set at 3,300,000 dollars
  • Strategically positioned within the Lower Township commercial real estate market
  • Located on a primary highway corridor serving the coastal region

What's Special

This retail storefront property is currently available for purchase in Lower Township, New Jersey. Spanning 6,200 square feet, the building occupies a strategic position along Route 109 Highway, providing visibility and accessibility within this coastal market. The layout supports a variety of commercial functions suitable for investors or owner-occupants looking to establish a footprint in the Cape May County region. The local economy is driven by seasonal tourism and a consistent residential base, making this site a practical acquisition for businesses focused on consumer goods, services, or neighborhood retail operations. The property sits within a well-traveled corridor, ensuring steady traffic flow from both local residents and visitors traversing the Jersey Shore area. Given the current configuration, the storefront offers flexibility for branding and interior customization to meet specific operational requirements. Investors will find this asset represents a functional addition to a commercial portfolio in a region characterized by stable infrastructure and enduring commercial demand.

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NOI
$80,000
Cap Rate
2.42%
DSCR
0.41
Underwater
Cash-on-Cash
-11.71%
Monthly Payment
$16,326.599
Annual Cash Flow
$-115,919.193

Location & Travel Times