107 Fulling Mill RdVillas, NJ 08251

Property Details for 107 Fulling Mill Rd

Property type

Commercial real estate

Description

This exceptional investment opportunity encompasses nearly an acre of land in Villas, NJ, featuring three separate lots zoned for General Business use. Two vacant lots offer significant development potential, while the third lot boasts two existing buildings. The main structure is a unique blend of retail and residential space. For 43 years, it successfully operated as Budd’s Bait & Tackle and Crab & Seafood. The residential area includes three bedrooms, two and a half bathrooms, natural gas hot water baseboard heating, an HVAC system for air conditioning and supplemental heating, two fireplaces, and a Generac natural gas generator. A charming two-bedroom, one-bathroom cottage, with a history of strong rental income, is also situated on the property. This cottage features natural gas forced hot air heating and a ventless AC unit. The property further enhances its appeal with an in-ground heated swimming pool, complete with a stamped concrete surround and a lovely paver patio. Three separate electric meters and two separate gas meters provide utility convenience. The sale includes all furnishings (excluding personal items), appliances, and the option to purchase existing retail inventory. This turnkey property is ideal for immediate use or customization to suit a variety of business, residential, or mixed-use ventures. Its versatility and prime location make this a truly rare find in the Villas market.

Location Insight

City

Villas

County

Cape May County

State

New Jersey

Latitude

39.0211

Longitude

-74.931

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