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517-521 Bay Ave 1,000 SF Vacant Retail Building Point Pleasant Beach, NJ 08742 $2,187,911 CAD ($2,187.91 CAD/SF)
Investment Highlights
- Downtown Point Pleasant Beach
Executive Summary
Great Opportunity to own a multi-use building in downtown Point Pleasant Beach. Use your vision to enhance the existing units. This building offers a retail space with over 1000 SF. There is a second-floor 2-bedroom, 1 bathroom apartment with walk-up access to a large attic space. Another 2-bedroom, 1-bathroom apartment is in the rear of the building. This is a 2-level apartment with an inviting front porch. There is tenant parking in the rear of the property, and plenty of parking is available in nearby public lots. Downtown Point Pleasant Beach is a vibrant year-round destination with a mix of diverse restaurants, shops, and antique centers. It is located close to Route 35, the train station, and the boardwalk. It is zoned General Commercial.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Building Size
1,000 SF
Building Class
C
Year Built/Renovated
1900/1976
Price
$2,187,911 CAD
Price Per SF
$2,187.91 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.18
Lot Size
0.13 AC
Zoning
General Commercial - General Commercial
Walk Score®
Very Walkable (86)
Nearby Major Retailers
Property Taxes
| Parcel Number | 26-00091-01-00026 | Improvements Assessment | $218,274 CAD |
| Land Assessment | $371,448 CAD | Total Assessment | $589,722 CAD |
Property Taxes
Parcel Number
26-00091-01-00026
Land Assessment
$371,448 CAD
Improvements Assessment
$218,274 CAD
Total Assessment
$589,722 CAD
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517-521 Bay Ave
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