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Key Details
Sold Price $765,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,030 sqft
Price per Sqft $252
Subdivision Ship Bottom
MLS Listing ID NJOC172296
Sold Date 05/07/18
HOA Y/N N
Originating Board JSMLS
Year Built 1945
Annual Tax Amount $5,761
Tax Year 2016
Lot Dimensions 40x130x50x100
Property Description
Recent & aggressive price reduction make this one of the most compelling commercial opportunities on LBI. Near land value w/ Tremendous income & investment opportunity. A LBI Landmark ready for new owners. The restaurant was remodeled by the team from the Food Networks hit show 'Restaurant Impossible'. They added their flair & expertise to revive this Island mainstay. 80+ interior seats, sizeable kitchen, great equipment, prep area & a decor that screams Welcome Summer Fun! Current operators have produced consistent business for several years keeping successive generations coming back for more. The 2nd floor has a 4br apartment with its own entrance & deck. It can be used for the new owners, a manager or just provide additional income. Whats even more rare on LBI is that this restaurant comes with plenty of off street parking as this sale INCLUDES 2 GREAT LOTs. If you've dreamed of owning your own business & living the Island life look no Further! Includes your own train!,This property is well valued for Land, Building all on TWO great Lots. It is completely turnkey & priced to sell!Don't miss this opportunity; call today!
Location
State NJ
County Ocean
Area Ship Bottom Boro (21529)
Zoning SC
Interior
Cooling Central A/C
Fireplace N
Exterior
Fence Partially
Utilities Available Cable TV, Electric Available, Above Ground
Water Access N
Roof Type Flat,Rubber
Street Surface Paved
Accessibility None
Building
Lot Description Irregular, Level
Sewer Public Sewer, Other
Water Public, Other
New Construction N
Schools
School District Southern Regional Schools
Others
Tax ID 29-00039-0000-00002
Ownership Fee Simple
Special Listing Condition Standard
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Bought with Edward Freeman • RE/MAX at Barnegat Bay - Ship Bottom