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102 Delaware ave 4,000 SF Retail Building Fortescue, NJ 08321 $1,709,800 CAD ($427.45 CAD/SF)



Executive Summary
Rare Delaware Bay Waterfront Opportunity | Restaurant + Development Potential Opportunities like this along the Delaware Bay are increasingly rare. This unique offering includes a bayfront restaurant property with possible subdivision into 3 lots on the water, plus 4 additional lots located directly across the street, creating exceptional flexibility for future use or redevelopment. The existing building is currently set up as a restaurant and can continue operating as a dining destination, allowing an owner-operator to step into a waterfront location with built-in character and scenery that keeps guests coming back. For investors or developers, the real opportunity may lie in the land and location itself. With direct proximity to the bay and multiple parcels included in the sale, the property presents a compelling canvas for a fresh concept, redevelopment project, or long-term investment. The setting speaks for itself - open water views, beach access, and the kind of location people travel for. Whether the vision is to reimagine the site entirely or enhance what already exists, properties with this combination of waterfront presence and additional land rarely come to market. The sale also includes a residential home and beach access, further expanding the possibilities for use or future planning. Buyers are encouraged to perform their own due diligence regarding development potential and permitted uses. Schedule a private tour to explore the full scope of this unique Delaware Bay treasure. Public sewer was recently added, which makes this a great development opportunity because it significantly reduces the lot size required to build.
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- Market Information
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,000 SF
Building Class
C
Year Built
1900
Price
$1,709,800 CAD
Price Per SF
$427.45 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.29 AC
Zoning
R2 - Resort residential zone
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 04-00063-0000-00016 | Improvements Assessment | $102,588 CAD |
| Land Assessment | $205,176 CAD | Total Assessment | $307,764 CAD |
Property Taxes
Parcel Number
04-00063-0000-00016
Land Assessment
$205,176 CAD
Improvements Assessment
$102,588 CAD
Total Assessment
$307,764 CAD
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Presented by
eXp Realty LLC - The Joseph A Canale Team
102 Delaware ave
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