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305-341 Main St 21,136 SF 100% Leased Retail Building Allenhurst, NJ 07711 $9,000,000 ($425.81/SF)
Investment Highlights
- Mixed-Use Building with 18 Total Units; 9 Commercial Storefronts, 9 Residential One-Bedroom Apartments
- 200' Frontage on Main Street in Allenhurst
Executive Summary
Rare mixed-use investment opportunity in the highly desirable coastal community of Allenhurst. This property features 9 fully leased storefronts and 9 one-bedroom apartments, each with separate utilities for ease of management and tenant responsibility. Retail units offer private basement storage, adding significant value and functionality. Located in an area experiencing ongoing redevelopment and revitalization, this asset presents strong upside potential and long-term growth in a sought-after market. Ideal for investors seeking stable income with future appreciation.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
21,136 SF
Year Built
1995
Price
$9,000,000
Price Per SF
$425.81
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.41
Lot Size
0.34 AC
Zoning
C-1
Frontage
Fairly walkable
50/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-00022-0000-00002 | Improvements Assessment | $1,925,000 |
| Land Assessment | $2,885,400 | Total Assessment | $4,810,400 |
Property Taxes
Parcel Number
02-00022-0000-00002
Land Assessment
$2,885,400
Improvements Assessment
$1,925,000
Total Assessment
$4,810,400
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305-341 Main St
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