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1520 Boulevard 7,000 SF 100% Leased Retail Building Seaside Heights, NJ 08751 $3,499,900 ($499.99/SF)
Executive Summary
One of a kind Beachside, Ocean Block Strip Center located on the East side of Highway 35 on the Northside of Seaside and on the Ortley Beach Border. Perfect Development Site would have Ocean Views for at least 12 Townhomes, Condos or Single Families. Jump into the on-fire development taking place in the Seaside Area. Presently has 3 stores consisting of a Laundromat and Brewery for ready income. Brewery and Laundry leases can either be extended or end if you want to do your own thing there. Unlimited Beach Block Potential. New Residential Unit recently closed on the block for over $1,300,000.00. 1 hour from NYC, AC and Philly off Parkway Exit 82. Perfect 1031 opportunity. Walk to Beach, Boardwalk, shopping, Rides, Amusements and Waterpark. Easy to see. Financing Available to Qualified Buyer.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,000 SF
Building Class
C
Year Built
1950
Price
$3,499,900
Price Per SF
$499.99
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.46
Lot Size
0.35 AC
Zoning
RB
Parking
15 Spaces (2.14 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (70)
Nearby Major Retailers
Property Taxes
| Parcel Number | 27-00035-0000-00063 | Improvements Assessment | $584,000 |
| Land Assessment | $1,362,500 | Total Assessment | $1,946,500 |
Property Taxes
Parcel Number
27-00035-0000-00063
Land Assessment
$1,362,500
Improvements Assessment
$584,000
Total Assessment
$1,946,500
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1520 Boulevard
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