Birch Hill Realty Consultants
Listed by Birch Hill Realty Consultants
$1,389,000
628 Shore Road
Details
APN 0103-022-00-01-00-069-002
Property Type Land, Retail
Sub Type Auto Shop, Automotive
Acreage 0.241
Land | 0.241 acres
Marketing description
Rare opportunity to acquire a 1/2 acre assemblage, Two parcels being sold together. ( 620 & 628 Shore Rd ). 628 Shore Rd is vacant land and 620 Shore Rd is currently improved with income-producing mechanic shop / warehouse with tenant paying $8,000/Month. The Village has indicated support for a minimum of 8 senior housing units 2 Bedrooms 1.5 Baths approximately 1,500 SF each. The elevated construction concept strategy already contemplated ( piles/helicals with under-unit car ports, post sandy coastal style construction. With $8,000/Month cash flow from existing mechanic/ warehouse tenant gives a developer ability to collect income while advancing approvals and environmental due diligence are completed.
Listing Contacts
Birch Hill Realty Consultants
Listed by Birch Hill Realty Consultants
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
