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Warehouse 807 Ocean Rd 7,976 SF 100% Leased Industrial Building Point Pleasant, NJ 08742 $3,800,000 ($476.43/SF)



Executive Summary
Exceptional Commercial development & investment opportunity in Prime location to acquire a highly versatile commercial property offering approx. 1.5 acres of land with significant expansion or redevelopment potential. This property is in Overlay zone for affordable housing, general commercial & neighborhood commercial zone. Town approved a preliminary 12 unit density project. This property now features a distinctive Victorian-style home that provides character & architectural appeal rarely found in commercial offerings. The structure is suitable for office, professional services, & mixed used conversion. The property also includes a warehouse with four oversized bays providing flexible space for storage, distribution, contractor operations & a variety of commercial applications. This
expansive parcel is 1 mile from the beach and less than 1/2 mile from restaurants & shopping on Arnold Ave. The property offers valuable frontage, accessibility and ample parking. Developers will appreciate the sites size, visibility & potential for future commercial, mixed-use & higher-density projects upon local zoning regulations & municipal approvals
Call Donna Nicolich with any questions and plans 201-790-2200
expansive parcel is 1 mile from the beach and less than 1/2 mile from restaurants & shopping on Arnold Ave. The property offers valuable frontage, accessibility and ample parking. Developers will appreciate the sites size, visibility & potential for future commercial, mixed-use & higher-density projects upon local zoning regulations & municipal approvals
Call Donna Nicolich with any questions and plans 201-790-2200
Property Facts
Utilities
- Lighting
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 25-00128-0000-00046 | Improvements Assessment | $369,800 |
| Land Assessment | $637,200 | Total Assessment | $1,007,000 |
Property Taxes
Parcel Number
25-00128-0000-00046
Land Assessment
$637,200
Improvements Assessment
$369,800
Total Assessment
$1,007,000
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