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11 N Main Street & 12 E Bay Avenue 11 N Main St 7,173 SF 100% Leased Retail Building Manahawkin, NJ 08050 $1,103,399 CAD ($153.83 CAD/SF)



Investment Highlights
- Strategic Location
- High Traffic Counts
- Gateway to the Jersey Shore
- Strong Demographics
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a mixed-use Property and development site located at 11 N Main Street and 12 E Bay Avenue in Manahawkin, New Jersey (the “Property”). Located in the center of Manahawkin, the well-maintained Property is improved by a 7,173 square foot building on a 0.26-acre parcel of land. The mixed-use Property is 100% leased and contains seven (7) total units comprised of six (6) commercial tenants that cater to the needs of the area residents and one (1), 2-Bedroom/1-Bathroom residential unit. The offering also includes the adjacent 15,359 square foot (0.35-acre) vacant parcel of land located at 12 E Bay Avenue. The Property is well-located at the signalized intersection of Stafford Avenue, E Bay Avenue and N Main Street (US Route 9), one of the area’s primary commercial and commuter corridors and enjoys outstanding visibility and frontage. The Property is seconds from Manahawkin Lake and 3-miles from Manahawkin Bay. The Property is seconds from Barnegat Road (NJ Route 72), the primary connector to the Jersey Shore, 1.5-miles from the Garden State Parkway, and 6-miles from the Jersey Shore. The location is surrounded by residential neighborhoods that provide a strong consumer base and is convenient to national retailers and restaurants that drive traffic to the area.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,173 SF
Building Class
C
Year Built
1900
Price
$1,103,399 CAD
Price Per SF
$153.83 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.63
Lot Size
0.26 AC
Zoning
LB
Frontage
56’ on Main St
Amenities
- Corner Lot
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 31-00232-0000-00001 | Improvements Assessment | $434,108 CAD |
| Land Assessment | $151,951 CAD | Total Assessment | $586,059 CAD |
Property Taxes
Parcel Number
31-00232-0000-00001
Land Assessment
$151,951 CAD
Improvements Assessment
$434,108 CAD
Total Assessment
$586,059 CAD
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11 N Main Street & 12 E Bay Avenue | 11 N Main St
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