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Investment Highlights
- Approximately 1.5 acres with expansion and redevelopment potential.
- Preliminary approval secured for a 12-unit density development concept.
- Warehouse improvements include four oversized bays supporting storage and operational flexibility.
- Overlay zoning supports affordable housing, general commercial, and neighborhood commercial uses.
- Distinctive Victorian-style building suitable for office, professional, or mixed-use occupancy.
- Convenient Ocean Road location with access to regional business and transportation corridors.
Executive Summary
Exceptional Commercial development & investment opportunity in Prime location to acquire a highly versatile commercial property offering approx. 1.5 acres of land with significant expansion or redevelopment potential. This property is in Overlay zone for affordable housing, general commercial & neighborhood commercial zone. Town approved a preliminary 12 unit density project. This property now features a distinctive Victorian-style home that provides character & architectural appeal rarely found in commercial offerings. The structure is suitable for office, professional services, & mixed used conversion. The property also includes a warehouse with four oversized bays providing flexible space for storage, distribution, contractor operations & a variety of commercial applications. This expansive parcel is 1 mile from the beach and less than 1/2 mile from restaurants & shopping on Arnold Ave. The property offers valuable frontage, accessibility and ample parking. Developers will appreciate the sites size, visibility & potential for future commercial, mixed-use & higher-density projects upon local zoning regulations & municipal approvals
Property Facts
| Price | $5,239,972 CAD | Number of Properties | 2 |
| Price / SF | $806.15 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 6,500 SF |
| Status | Active | Total Land Area | 3.00 AC |
| Price | $5,239,972 CAD |
| Price / SF | $806.15 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 6,500 SF |
| Total Land Area | 3.00 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Warehouse
807 Ocean Rd, Point Pleasant, NJ 08742 |
Industrial | 4,000 SF | 1985 | - |
| 805-809 Route 88, Point Pleasant, NJ 08742 | Office | 2,500 SF | 1985 | - |
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