102 Delaware ave - Restaurant FOR SALE


Fortescue, NJ 08321
$850,000 USD
646-748-6040
102 Delaware ave, Fortescue, NJ for Sale
$850,000 USD
Restaurant - FOR SALE
1/30
null | Request Cap Rate

102 Delaware ave
Fortescue, NJ 08321


HIGHLIGHTS

  • Rare Delaware Bay waterfront property featuring an existing restaurant facility and additional lots for flexible development opportunities.
  • Spectacular open-water views and beach access create a unique destination setting attractive for hospitality, dining, or mixed-use ventures.
  • Sale includes multiple parcels, offering potential for subdivision, expansion, or redevelopment into a resort-style or residential community project.
  • Existing building configured for restaurant use enables immediate occupancy or repositioning for a new concept.
  • Located in picturesque Fortescue within Cumberland County, known for its natural beauty, recreational appeal, and visitor traffic.
  • Flexible property suitable for residential, restaurant, or multifamily use, offering versatility for a variety of living and commercial concepts.

OVERVIEW

Rare Delaware Bay Waterfront Opportunity | Restaurant + Development Potential Opportunities like this along the Delaware Bay are increasingly rare. This unique offering includes a bayfront restaurant property with possible subdivision into 3 lots on the water, The existing building is currently set up as a restaurant and can continue operating as a dining destination, allowing an owner-operator to step into a waterfront location with built-in character and scenery that keeps guests coming back. For investors or developers, the real opportunity may lie in the land and location itself. With direct proximity to the bay the property presents a compelling canvas for a fresh concept, redevelopment project, or long-term investment. The setting speaks for itself - open water views, beach access, and the kind of location people travel for. Whether the vision is to reimagine the site entirely or enhance what already exists, properties with this combination of waterfront presence and additional land rarely come to market. The sale also includes a residential home and beach access, further expanding the possibilities for use or future planning. Buyers are encouraged to perform their own due diligence regarding development potential and permitted uses. Schedule a private tour to explore the full scope of this unique Delaware Bay treasure. Public sewer was recently added, which makes this a great development opportunity because it significantly reduces the lot size required to build.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$213 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

R2

APN/PARCEL ID

04-00063-0000-00016

ASK ABOUT THIS PROPERTY

Kritika ChandeXp Realty LLC - The Joseph A Canale TeamMore Info
646-748-6040

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Kritika ChandeXp Realty LLC - The Joseph A Canale TeamMore Info
646-748-6040

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.