580 Main St - Restaurant FOR SALE


Manasquan, NJ 08736
$1,260,000 USD
732-528-3700
580 Main St, Manasquan, NJ for Sale
$1,260,000 USD
Restaurant - FOR SALE
1/29
null | Request Cap Rate

580 Main St
Manasquan, NJ 08736


HIGHLIGHTS

  • Ideally located in

OVERVIEW

Secure your piece of the highly competitive Jersey Shore commercial market today and build for your future tomorrow. This premier corner commercial condo is situated in a high-visibility, max-foot-traffic location directly across from the beach in beautiful Manasquan, NJ. With flexible zoning that permits retail or restaurant use, this versatile space represents a rare footprint in a premier Jersey Shore town. The property is currently fully leased through March 2028, making it the ideal ''buy-and-hold'' addition to your portfolio. Enjoy steady, predictable rental yields and immediate cash flow for the next two years. This built-in timeline gives you the ultimate luxury: time to comfortably draft architectural layouts, secure local township approvals, and design your dream business. The property is now leased through 2033. The tenant just took his 5 year option

FOR SALE DETAILS

PRICE

$1,260,000 USD

PRICE/SF

$315 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Premier Corner Commercial Condo

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,377 SF

ZONING

B-1

APN/PARCEL ID

29-00171-0000-00001-01-C0004,29-00171-0000-00001-01-C0005

ASK ABOUT THIS PROPERTY

Richard WightWard Wight Sotheby's International RealtyMore Info
732-528-3700

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Richard WightWard Wight Sotheby's International RealtyMore Info
732-528-3700

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