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Key Details
Sold Price $2,495,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 71,000 sqft
Price per Sqft $35
Municipality Seaside Heights (SEH)
MLS Listing ID 22103130
Sold Date 05/12/21
Originating Board Monmouth Ocean Regional Multiple Listing Service
Annual Tax Amount $36,827
Tax Year 2020
Lot Size 2.000 Acres
Acres 2.0
Lot Dimensions IRR
Property Description
Fully Functioning Marina, Restaurant, Boat/Jet Ski, rentals. Incl boat service and winter storage., plus retail and residential rentals. Over 71,000 sq ft of possibilities. 3 residential and 5 commercial rentals plus boat slips on site that total over $260,000.00 in annual rents to new investor. Could be Huge Double Digit Cap Rate to absentee owner. If an investor wanted to run the restaurant, boat service, boat/jet ski rentals the income could be over way over rents. Great location for new boat sales or to be developed as Waterfront Living. Only site like it in the Northeast w this strong income stream and additional income development possibilities. Conveniently Located off Pky Exit 82, 1 hr from NYC, Philly and AC. Southern Exposure in the pristine protected cove. Contact LB.
Location
State NJ
County Ocean
Area Seaside Heights
Direction Bayside of Seaside Heights. Off Rte 35 W. Huge traffic count. Backs up to the Hiering Ave section of Millionaires Row
Interior
Interior Features Fluorescent, Refrigeration
Exterior
Exterior Feature Fenced
Garage Off Street, Lighted, On Site
Garage Spaces 3.0
Roof Type Shingle
Building
Lot Description Bayfront, Bayside, Bulkhead, Cove, Cul-De-Sac, Irregular Lot, Lagoon, Subdividable, Fenced/Enclosed Area, Highway Frontage, Possible Subdivision
Sewer Public Sewer
Water Public
Structure Type Fenced
New Construction No
Others
Senior Community No
Tax ID 111111111
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Bought with Ocean Beach Sales
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