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Key Details
Sold Price $1,100,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,034 sqft
Price per Sqft $218
Subdivision Ship Bottom
MLS Listing ID NJOC146332
Sold Date 10/18/19
HOA Y/N N
Originating Board JSMLS
Year Built 1950
Annual Tax Amount $9,900
Tax Year 2017
Lot Size 0.257 Acres
Acres 0.26
Lot Dimensions 80x90x40x100
Property Description
A tremendous opportunity to acquire a prime, corner, Oceanblock commercial property. This is a building & Land sale only; the existing Restaurant is a separate lease agreement. The property consists of a 5,000 sq' plus building & over 11,000 sq' of property consisting of 3 lots(lots: 14,15 &16). The first floor of the building is currently being leased as a restaurant. The 2nd floor is a large 2br 2ba updated apartment with roof deck. There are ocean & bayviews from the roof deck. Relocate your business to the first floor & live upstairs or lease both for good income & a comfortable ROI. Need new construction? There are a plethora of possibilities for this oversized oceanblock location. Tremendous value-add opportunity; Call Today!
Location
State NJ
County Ocean
Area Ship Bottom Boro (21529)
Zoning SC
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C, Multi Units
Fireplace N
Heat Source Electric, Natural Gas
Exterior
Fence Partially
Utilities Available Electric Available, Natural Gas Available, Other
Water Access N
View Water, Bay, Ocean
Roof Type Fiberglass,Rubber,Other
Street Surface Paved,Other
Accessibility None
Road Frontage Public
Garage N
Building
Lot Description Corner, Irregular, Level
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Southern Regional Schools
Others
Tax ID 29-00045-0000-00014
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Edward Freeman • RE/MAX at Barnegat Bay - Ship Bottom