1423 Bay Ave | Toms River, NJ 08753
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- LoopNet Team
1423 Bay Ave
Toms River, NJ 08753
The Marina at Shelter Cove · Specialty Property For Sale
·
5,301 SF
INVESTMENT HIGHLIGHTS
- Established marina with 60-year track record.
- Strong in-place revenue and NOI with several opportunities to increase.
- High-quality facility that underwent a $1.2M renovation in 2013/14.
- Excellent location on Barnegat Bay in an area with a strong boating culture.
PROPERTY FACTS
| Property Type | Specialty | Building Size | 5,301 SF |
| Property Subtype | No. Stories | 2 | |
| Building Class | C | Year Built/Renovated | 1960/2014 |
| Lot Size | 0.10 AC | ||
| Zoning | Com - Commercial | ||
| Property Type | Specialty |
| Property Subtype | |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 5,301 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2014 |
| Zoning | Com - Commercial |
AMENITIES
- Waterfront
ABOUT 1423 BAY AVE , TOMS RIVER, NJ 08753
The Marina at Shelter Cove is a highly-regarded, full-service marina. Improvements include 86 wet slips for boats up to 40 ft. in length, outdoor winter storage, boat service & repair, parts sales, new boat sales, engine sales and brokerage. Opportunities include adding a boat club or boat rental operation, conversion of slips now used in-house to rental, and increasing the winter storage. Broker of Record: Dennis Waggner, Colliers International New Jersey, LLC.
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