Description
Mixed use building on an oversized prime corner lot (60.25' x 66.67') in Ocean Grove's Historic District Mixed Use Zone (HD-B-1). The property is located across the street from Auditorium Square Park & The Great Auditorium and just three blocks to the beach & oceanfront boardwalk. The first floor commercial office space is appx 2,260 square feet and currently rented for $2,941.09/month. Tenant will vacate prior to closing, requiring sixty (60) days from the Contract date. The second floor houses a renovated 3 bedroom, 1 bathroom residential apartment, which is appx 1322 square feet, rented for $2,750/month with an increase to $2,887.50 effective 1/1/24. Sale is subject to the second floor lease, which expires 12/31/24. Building has an outside courtyard and driveway that parks 2-3 cars.
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0BEDS
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0.09ACRES
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0BATHS
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01/2 BATHS
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3,582SQFT
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$349$/SQFT
School Ratings & Info
Description
Mixed use building on an oversized prime corner lot (60.25' x 66.67') in Ocean Grove's Historic District Mixed Use Zone (HD-B-1). The property is located across the street from Auditorium Square Park & The Great Auditorium and just three blocks to the beach & oceanfront boardwalk. The first floor commercial office space is appx 2,260 square feet and currently rented for $2,941.09/month. Tenant will vacate prior to closing, requiring sixty (60) days from the Contract date. The second floor houses a renovated 3 bedroom, 1 bathroom residential apartment, which is appx 1322 square feet, rented for $2,750/month with an increase to $2,887.50 effective 1/1/24. Sale is subject to the second floor lease, which expires 12/31/24. Building has an outside courtyard and driveway that parks 2-3 cars.
© 2023 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The CG Group | RE/MAX Revolution. Data last updated 2023-03-28T11:20:59.133.
Listing information © 2023 Monmouth-Ocean MLS. Listing provided courtesy of Jacob Smith of Ward Wight Sotheby's International Realty: (732) 681-0027.