236 S Bayview Dr 3,500 SF Retail Building Strathmere, NJ 08248 $4,975,000 ($1,421.43/SF)

INVESTMENT HIGHLIGHTS

  • Twisties Tavern On The Bay
  • Well established restaurant with commercial kitchen and bar
  • Waterfront property with panoramic bay view

EXECUTIVE SUMMARY

A rare opportunity to own an established bayfront restaurant "Twisties Tavern on the Bay", located between Ocean City and Sea Isle City in Strathmere. With a loyal following, Twisties is known for its friendly service, delicious food, drinks, and breathtaking bay views with stunning sunsets. This Strathmere tradition for 95 years has a rich history, it’s even rumored that Al Capone once visited, inspiring the owners to begin their collection of mounted fish that now adorn the walls. This iconic tavern underwent a major renovation in 2010, enhancing its charm while preserving its history, including the mahogany bar dating back to 1929. The restaurant and bar are decorated with nautical décor, carved coconut heads, and vintage memorabilia, adding to its unique character. Inside, guests enjoy a nostalgic atmosphere, where the jukebox still plays both old tunes and new favorites. The restaurant offers seating for 98 guests indoors and 25 for outdoor dining on the deck, where guests can take in the waterfront views and ocean breeze. The lower terrace can accommodate seating for an additional 50 guests. Visitors arrive by car, bicycle, or boat, with five boat slips available for those who prefer to dock and dine. Twisties has earned the title of the #1 local restaurant and bar on Google, TripAdvisor, and Yelp, drawing visitors from all over who come to enjoy the fantastic food, handcrafted drinks, and unforgettable sunsets over the bay. The menu offers a variety of delicious dishes, from fresh seafood and mouthwatering burgers to creative small plates and specialty drinks, ensuring there’s something for everyone to enjoy. This turn key operation includes a fully equipped large commercial kitchen, a dedicated wait station, and a totally equipped bar providing ample space for the staff to work efficiently. The restaurant and bar are equipped with acoustic soundproofing panels to make for a more pleasant dining experience.
The property also features a lovely 2nd floor residence accessible via a private entrance. This beautifully appointed retreat boasts a spacious open living area adjoining a large private deck with panoramic bay and sunset views, an upscale kitchen with granite counters and stainless steel appliances, a comfortable bedroom, upscale bathroom and laundry. The entire building has a fire suppression and central fire/alarm system.
Don’t miss this incredible opportunity to own a beloved waterfront destination with a storied past and a bright future!
The sale includes the real estate at 236 Bayview Drive, as well as Twisties Restaurant including all restaurant equipment, furnishings, china, glass and silver, and the retail consumption license necessary to operate the tavern. The sale also includes most furnishings in the 2nd floor residence and the existing floating dock system.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,500 SF
Building Class
C
Year Built/Renovated
1980/2010
Price
$4,975,000
Price Per SF
$1,421.43
Tenancy
Single
Building Height
2 Stories
Building FAR
0.36
Lot Size
0.22 AC
Zoning
RR - The purpose of the "RR" District is to provide for the continuance of commercial dwellings
Frontage
112’ on Bayview Drive

AMENITIES

  • Restaurant
  • Security System
  • Signage
  • Waterfront
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Smoke Detector

ABOUT 236 S BAYVIEW DR , STRATHMERE, NJ 08248

This Strathmere tradition for 95 years has a rich history, it’s even rumored that Al Capone once visited, inspiring the owners to begin their collection of mounted fish that now adorn the walls. This iconic tavern underwent a major renovation in 2010, enhancing its charm while preserving its history, including the mahogany bar dating back to 1929. The property also features a lovely 2nd floor residence accessible via a private entrance. This beautifully appointed retreat boasts a spacious open living area adjoining a large private deck with panoramic bay and sunset views, an upscale kitchen with granite counters and stainless steel appliances, a comfortable bedroom, upscale bathroom and laundry. The entire building has a fire suppression and central fire/alarm system.

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Twisties Tavern on the Bay
  • Retailer
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Twisties Tavern on the Bay Retailer - - -

PROPERTY TAXES

  • Listing ID: 35096265

  • Date on Market: 3/11/2025

  • Last Updated:

  • Address: 236 S Bayview Dr, Strathmere, NJ 08248