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Premier Corner Commercial Condo 580 Main St 4,000 SF Retail Building Manasquan, NJ 08736 $1,260,000 ($315/SF)
Investment Highlights
- Ideally located in
Executive Summary
Secure your piece of the highly competitive Jersey Shore commercial market today and build for your future tomorrow. This premier corner commercial condo is situated in a high-visibility, max-foot-traffic location directly across from the beach in beautiful Manasquan, NJ. With flexible zoning that permits retail or restaurant use, this versatile space represents a rare footprint in a premier Jersey Shore town. The property is currently fully leased through March 2028, making it the ideal ''buy-and-hold'' addition to your portfolio. Enjoy steady, predictable rental yields and immediate cash flow for the next two years. This built-in timeline gives you the ultimate luxury: time to comfortably draft architectural layouts, secure local township approvals, and design your dream business.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,000 SF
Building Class
B
Year Built
2005
Price
$1,260,000
Price Per SF
$315
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.35 AC
Zoning
B-1
Parking
9 Spaces (2.25 Spaces per 1,000 SF Leased)
Frontage
145’ on Main Street/1st Avenue
Amenities
- Corner Lot
- Courtyard
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $498,000 | |
| Land Assessment | $714,000 | Total Assessment | $1,212,000 |
Property Taxes
Parcel Numbers
Land Assessment
$714,000
Improvements Assessment
$498,000
Total Assessment
$1,212,000
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