117 Boulevard - Apartments FOR SALE


Seaside Heights, NJ 08751
$1,750,000 USD
732-898-3400
117 Boulevard, Seaside Heights, NJ for Sale
$1,750,000 USD
Apartments - FOR SALE
1/40
null | 6% Cap Rate

117 Boulevard
Seaside Heights, NJ 08751


HIGHLIGHTS

  • Heavy foot traffic in the heart of the boulevard
  • Sustainable off-season demand
  • Existing business will only grow as hundreds of approved residential units are built around property
  • Prominent corner location at Lincoln Avenue and Boulevard in Seaside Heights.
  • Easy access via Route 37 and the Garden State Parkway.
  • Three additional rentable spaces upstairs, including two income-generating apartments.

OVERVIEW

This is your chance to buy this Seaside Heights staple that has evolved, survived and thrived the last twenty years! This turnkey restaurant is one of the few year round successes in seasonal Seaside Heights. Sitting on the corner of Lincoln the Boulevard, Ryan's Deli has significant curb appeal and a charming brick façade. Sale include business, building and equipment. Above the deli are three rentable spaces, including two rented apartments.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$543 USD /SF

# OF UNITS

4

PRICE/UNIT

$437,500

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1940

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

RB

APN/PARCEL ID

27-00010-0000-00001

ASK ABOUT THIS PROPERTY

Carrie McNallyGoldStone RealtyMore Info
732-898-3400

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Carrie McNallyGoldStone RealtyMore Info
732-898-3400

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