908-285-6921
89-93 1st Ave, Atlantic Highlands, NJ for Sale
Storefront Retail/Residential - FOR SALE
1/17
null | Request Cap Rate

89-93 1st Ave
Atlantic Highlands, NJ 07716


HIGHLIGHTS

  • Gut-renovated, mixed-use investment property with 8 apartments and 4 commercial spaces (5,622 SF) in downtown Atlantic Highlands, New Jersey.
  • 3-story, brick building including 8 apartments over 4 commercial spaces.
  • Attractive unit mix consisting solely of two-bedroom apartments.
  • The commercial space is comprised of 4 leased retail spaces with long-term tenants.
  • Opportunity includes a Class C liquor license, which generates ~$58,000 in annual revenue
  • Apartments boast open floor plans with stainless-steel appliances, granite countertops, hardwood floors throughout, along with central HVAC systems.

OVERVIEW

89-93 First Avenue presents the rare investment opportunity for potential buyers to purchase a meticulously maintained mixed-use investment property along with a Class C liquor license on the main thoroughfare of Atlantic Highlands. First Avenue provides residents numerous shopping and dining destinations at their doorstep along with a short walk to the Atlantic Highlands Marina. The marina presents waterfront dining along with the Seastreak Ferry System, providing direct service to New York City.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1889

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

B-1,Atlantic

APN/PARCEL ID

05-00114-0000-00003

ASK ABOUT THIS PROPERTY

Trevor FiebelBerkadiaMore Info
908-285-6921

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

Trevor FiebelBerkadiaMore Info
908-285-6921

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