Rare opportunity to acquire a fully leased commercial investment property in the heart of Downtown Asbury Park. Ideally located on Cookman Avenue, just east of Main Street, the property benefits from excellent visibility, strong pedestrian activity, and immediate access to the city’s restaurants, retail, entertainment, and residential neighborhoods.
The property consists of a three-story masonry commercial building highlighted by a dramatic three-story glass storefront façade and newly installed exterior façade panels, providing a distinctive and modern presence along Cookman Avenue.
The building underwent a complete gut renovation in 2006, including substantial upgrades to the interior and major building systems. The property is currently fully leased to long-term tenants, providing stable in-place income and established occupancy.
A full basement provides additional space for mechanical systems, building operations, and storage.
Investment Highlights
-Prime Cookman Avenue location in Downtown Asbury Park
-Fully leased with long-term tenants
-Stabilized in-place income
-Three-story masonry construction
-Distinctive three-story glass storefront façade
-New exterior façade panels
-Complete gut renovation completed in 2006
-Full basement for mechanicals and storage
-Excellent visibility and street presence
-Strong downtown location near retail, dining, entertainment, and residential development
An attractive opportunity for investors seeking a stabilized commercial asset in one of the Jersey Shore’s most established and active downtown markets. EMAIL IS BEST FOR CONTACT.