Value-add/mixed-use redevelopment opportunity in a high-visibility area near Route 35. Prior configuration was a two-family residence with retail at the ground level. Renovation is underway with framing in place and partial plumbing/electrical completed based on a prior concept to convert to a three-family residential layout with retail/office on the first floor. All proposed use, zoning compliance, permits, and approvals are the responsibility of the buyer, and construction will need to be completed. Property includes a basement storage and a large parking lot behind the building. Convenient access to Route 18, the Garden State Parkway, Jersey Shore University Medical Center, and nearby Ocean Grove/ Asbury Park beach areas. Lot approx. 50' x 161'; estimated building size is approximately 27x82.