- For Sale $914,000
- Property Type Other
- Property Size 11,200 SF
- Units 13
- Lot Size 2.57 Acre
- Parking Spaces Avail. 40
- Property Tenancy Multi-Tenant
- Year Built 1982
- Year Renovated 2026
- Date Updated Aug 6, 2026
Description
Property is located at the intersection of Red Oak Drive and Atlantic Hwy. (Route 1) directly across the highway from Andes Variety and Take Out Convenience Store. Intersection of Routes 1 and 90 are 1/2-mile South of the subject property.Rare opportunity to acquire a diversified income-producing property consisting of a newly renovated duplex, a commercial building with ten storage/commercial rental units, and a fully renovated single-family residence. Strategically located approximately one mile north of Route 90 and directly across from Ande's Variety & Take Out, one of the area's busiest retail destinations, the property benefits from excellent visibility, strong traffic counts, and a highly desirable commercial location. The duplex is currently undergoing a comprehensive renovation and, upon completion (anticipated in September), will feature two spacious residential apartments designed to attract quality tenants. The first-floor unit includes direct access to an attached two-car garage, while a newly paved driveway and expanded parking area further enhance tenant appeal and marketability. The interior of the single-family residence was extensively renovated approximately one year ago and is currently rented. The commercial building contains ten rental storage/commercial units, providing an opportunity as an established income component while offering flexibility to accommodate a variety of tenants.
Highlights
- Excellent Investment Opportunity.
- Opportunity For Income Growth And Appreciation
- Prime Location On Route 1
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Contacts
Douglas Erickson, CCIM
SVN | The Masiello Group
Location
Contact Listing Broker
Douglas Erickson, CCIM
SVN | The Masiello Group