Stabilized Downtown Keyport Mixed-Use 32 Broad St 6,000 SF Retail Building Online Auction Sale Keyport, NJ 07735

32 Broad Street in Keyport, New Jersey, presents a 6,000-square-foot fully stabilized mixed-use investment in the heart of Keyport’s Main Street district. This striking two-story building, featuring a white façade with green accents, pairs a high-performing ground-floor retail operation with diversified residential income above.

The retail space is leased to The Chill Bar, one of only 12 retail consumption liquor license holders in Keyport, a highly constrained asset class in New Jersey that drives tenant durability, renewal probability, and long-term value. A rear outdoor patio enhances food and beverage revenue potential, while the second floor includes eight Single-Room Occupancy (SRO) units with long-term tenants paying weekly rents, delivering consistent cash flow through multiple income streams. Current ownership has meticulously maintained the property, including the installation of a new roof and upgraded mechanical systems. The existing zoning also allows for a third-floor vertical expansion, offering endless upside. In addition to a fully built-out bar with new flooring, restrooms, kitchen facilities, and extensive basement refrigeration and storage, it further reduces operational cost. 32 Broad Street is a prime value-add opportunity tied to the only hotel license in Keyport, positioning the asset for future hospitality or short-term lodging revenue.

32 Broad Street commands strong visibility to over 7,800 daily vehicles and sits within one block of Keyport Harbor, offering bayside views and direct access to the town’s waterfront promenade. Regional connectivity supports demand, with NJ Routes 36 and 35 within 1 mile, the Garden State Parkway within 2 miles, and US Route 9 within 7 miles. Broader access to New York City, Trenton, Morristown, and Philadelphia is less than a two-hour drive. The surrounding trade area features over 148,000 residents and average household incomes exceeding $142,000 within 5 miles, supporting hospitality spend and rental stability.

Located in Keyport’s walkable downtown core, 32 Broad Street benefits from a tightly knit, historic bayside borough known as the Pearl of the Bayshore, characterized by Victorian architecture, an active marina, and steady public and private reinvestment. Main Street and nearby West Front Street anchor a vibrant local retail corridor of restaurants, cafés, boutiques, and service-oriented businesses activated by waterfront tourism and community events. Ongoing downtown and waterfront revitalization, limited supply, and the potential for long-term appreciation. 32 Broad Street uniquely combines stabilized cash flow, scarce licensing control, waterfront adjacency, and clear vertical and hospitality upside, making it a prime and rate core-plus investment in Monmouth County.