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1929 Route 35 1,482 SF Retail Building Seaside Heights, NJ 08751 $1,299,000 ($876.52/SF)
Investment Highlights
- Prime Ortley Beach restaurant with a 2-bedroom apartment just one block from the ocean
- Established location in the heart of Ortley Beach with a strong operating history
- Fully renovated in 2021, offering a turn-key investment with indoor and outdoor dining space
- Separate upstairs apartment with private entrance and deck, plus seating for 125 guests
Executive Summary
Ortley Beach – restaurant with 2-bedroom apartment – prime location (1 block to the ocean) and excellent investment opportunity – turn-key – everything renovated in 2021 – great space inside and out for a delightful casual dining experience – located in the heart of Ortley Beach with 5 years of successful operation – upstairs apartment has its own separate entrance featuring an outdoor deck – restaurant has a seating capacity of 125 with inside and outside combined – come take a look!!!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,482 SF
Building Class
C
Year Built
1920
Price
$1,299,000
Price Per SF
$876.52
Tenancy
Single
Building Height
2 Stories
Building FAR
0.27
Lot Size
0.12 AC
Zoning
GBMF - Commercial
Parking
31 Spaces (20.92 Spaces per 1,000 SF Leased)
Frontage
52’ on 6th St
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 08-01020-0000-00006 | Improvements Assessment | $150,000 |
| Land Assessment | $500,000 | Total Assessment | $650,000 |
Property Taxes
Parcel Number
08-01020-0000-00006
Land Assessment
$500,000
Improvements Assessment
$150,000
Total Assessment
$650,000
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1929 Route 35