Toms River Route 37 Portfolio Investment FOR SALE


Toms River, NJ
$8,500,000 USD
908-548-4652
, Toms River, NJ for Sale
$8,500,000 USD
FOR SALE
1/22
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Toms River Route 37 Portfolio Investment
Toms River, NJ


HIGHLIGHTS

  • This is Adjacent to the Bridge that leads to Seaside Heights, Seaside Park, South Seaside Park and Dover Beaches North.
  • This Property is located on the Highly Visible & Trafficked, Route 37 corridor.
  • Close Proximity to Major Highways such as Route 9, Route 70 Route 35 and Garden State Parkway.
  • Abundant Parking is available.

OVERVIEW

This a 3 building portfolio sale - Strong Income Generating properties located on 2.13 acre's. 1) First building is an Operating Motel 2 story, 25 Rooms. There are 11 Rooms with Kitchens, 12 Rooms without Kitchens, a 3 Bedroom Apartment and a Business Office with a Manager apartment. 2) Can Easily reconverted into 10,000 sqft of contiguous space. The second building is currently divided into a 6,800 sf and a 3,200 sf sections. 3) Negotiable Sale Terms. Call me for details. 4) The third is 6,800 sf fully leased with a long term tenant. (Property is Zoned as HB. This zoning refers to a Highway Business Zone, which is a type of zoning classification that allows for businesses, along major roadways to operate). All assets have separate metered utilities, heating, central air and smoke detectors.

ASK ABOUT THIS PROPERTY

John SicaNewmark Associates CRE, LLCMore Info
908-548-4652

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John SicaNewmark Associates CRE, LLCMore Info
908-548-4652

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