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65 Grand Central Ave 5,411 SF 100% Leased Retail Building Lavallette, NJ 08735 $3,122,318 CAD ($577.03 CAD/SF)
Investment Highlights
- Prime location!
- Updated building with fantastic, existing tenants!
- Best of both worlds. Perfect for an income-producing beach house!
Executive Summary
Commercial mixed-use building with 4 units, 2 commercial and 2 residential units. Long standing restaurant leasing first floor as well as a real estate brokerage office. Upstairs has 2 residential units. 1 is a 4-bedroom, 2 full bath and the other unit is a 2 bed and 1 full bath. These units share a roof deck as well. 1 block from the beach.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,411 SF
Building Class
C
Year Built
1938
Price
$3,122,318 CAD
Price Per SF
$577.03 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.62
Lot Size
0.20 AC
Zoning
C
Parking
10 Spaces (1.85 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Restaurant
- Signage
- Roof Terrace
- Air Conditioning
Property Taxes
| Parcel Number | 16-00952-0000-00001 | Improvements Assessment | $496,800 CAD |
| Land Assessment | $660,454 CAD | Total Assessment | $1,157,254 CAD |
Property Taxes
Parcel Number
16-00952-0000-00001
Land Assessment
$660,454 CAD
Improvements Assessment
$496,800 CAD
Total Assessment
$1,157,254 CAD
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65 Grand Central Ave
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