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For Sale 705 Route 9, Lower Township, NJ, 08204

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705 Route 9, Lower Township, NJ, 08204 Main Picture 705 Route 9, Lower Township, NJ, 08204 Aditional Picture705 Route 9, Lower Township, NJ, 08204 Aditional Picture

705 Route 9, Lower Township, NJ, 08204

$2,900,000

  • Commercial Vacant Lot

  • 0

  • 0

11.85 acres just a short distance to Cape May and the Wildwoods. Currently used as a solar field. This property once had approvals for approximately 48 three bedroom, two bath townhouses (see pictures and associated docs for plans). There are approximately six years left on the solar lease. At the termination of the lease in January 2028, the solar panels become property of the property owner. Currently, solar panels are owned and maintained by a third party company. Property and office building are being sold strictly in \"AS-IS\" condition. Solar panels have an expected life usage of 25 years, which gives the new owner the opportunity to continue the solar field operation (approximately 10 years left). Keep the panels or remove and pursue development opportunities.

Listing courtesy of: deSatnick Real Estate LLC - North Wildwood
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Cape May Multiple Listing Service. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed to be accurate but not guaranteed. Copyright Cape May Multiple Listing Service. All rights reserved.
Total Rooms
Full Bath 0
# of Stories
Year Build
Lot Size 10+ Acres
Tax 10958.00
SQFT
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions 11.85 acre
# Units
Tax Year 2021
Area Lower Township/North of Canal
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