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One block to the beach 54 Atlantic Ave 4,416 SF 43% Leased Retail Building Long Branch, NJ 07740 $1,500,000 ($339.67/SF) 4% Cap Rate
EXECUTIVE SUMMARY
First floor commercial space can be delivered vacant or available for lease to another tenant.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,416 SF
Building Class
C
Year Built/Renovated
1900/2015
Price
$1,500,000
Price Per SF
$339.67
Cap Rate
4%
NOI
$60,000
Percent Leased
43%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.84
Lot Size
0.12 AC
Zoning
C-3 - Retail location with on site parking with a studio apartment and 2 bedroom apartment on the second floor with their own entrance to the building.
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 27-00436-01-00026 | Improvements Assessment | $382,300 |
| Land Assessment | $468,500 | Total Assessment | $850,800 |
PROPERTY TAXES
Parcel Number
27-00436-01-00026
Land Assessment
$468,500
Improvements Assessment
$382,300
Total Assessment
$850,800
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One block to the beach | 54 Atlantic Ave
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