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1520 Boulevard 7,000 SF 100% Leased Retail Building Seaside Heights, NJ 08751 $4,825,207 CAD ($689.32 CAD/SF)



Executive Summary
One of a kind Beachside, Ocean Block Strip Center located on the East side of Highway 35 on the Northside of Seaside and on the Ortley Beach Border. Perfect Development Site would have Ocean Views for at least 12 Townhomes, Condos or Single Families. Jump into the on-fire development taking place in the Seaside Area. Presently has 3 stores consisting of a Laundromat and Brewery for ready income. Brewery and Laundry leases can either be extended or end if you want to do your own thing there. Unlimited Beach Block Potential. New Residential Unit recently closed on the block for over $1,300,000.00. 1 hour from NYC, AC and Philly off Parkway Exit 82. Perfect 1031 opportunity. Walk to Beach, Boardwalk, shopping, Rides, Amusements and Waterpark. Easy to see. Financing Available to Qualified Buyer.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,000 SF
Building Class
C
Year Built
1950
Price
$4,825,207 CAD
Price Per SF
$689.32 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.46
Lot Size
0.35 AC
Zoning
RB
Parking
15 Spaces (2.14 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 27-00035-0000-00063 | Improvements Assessment | $808,256 CAD |
| Land Assessment | $1,885,700 CAD | Total Assessment | $2,693,956 CAD |
Property Taxes
Parcel Number
27-00035-0000-00063
Land Assessment
$1,885,700 CAD
Improvements Assessment
$808,256 CAD
Total Assessment
$2,693,956 CAD
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1520 Boulevard
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