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419-421 Bayside Terrace

Seaside Heights, NJ 08751
  • $5,499,888
  • STATUS: Active
  • ON SITE: 209 Days
  • MLS #: 22311996
$5,499,888
  • 0
    BEDS
  • 2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 61,000
    SQFT
  • $90
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Fully Functioning Marina, Restaurant, Boat/Jet Ski, rentals. Incl boat service & winter storage., plus retail and residential rentals. Over 61,000 sq ft of possibilities. 2 residential & 4 Commercial rentals plus boat slips on site that total +/-$274,000.00 in annual rents to new investor. Could be Huge Double Digit Cap Rate to absentee owner. If an investor wanted to run the restaurant, boat service, boat/jet ski rentals the income could be over way over rents. Great location for new boat sales or to be developed as Waterfront Living. Only site like it in the Northeast w this strong income stream & additional income development possibilities. Conveniently Located off Pky Exit 82, 1 hr from NYC, Philly & AC. Southern Exposure in the pristine protected cove. Contact Lister for more info.

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© 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 2023-12-01T00:22:13.913.
www.candiesellshomes.com/homes/139250528
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419-421 Bayside Terrace Seaside Heights, NJ 08751

  • Price: $5,499,888
  • Status: Active
  • On Site: 209 Days
  • MLS #: 22311996
0
Beds
0
Baths
0
½ Baths
2
Acres
61,000
SQFT
$90
$/SQFT
Neighborhood:
Seaside Heights (SEH)
County:
Ocean
Area:
Seaside Heights (SEH)
Property Description
Fully Functioning Marina, Restaurant, Boat/Jet Ski, rentals. Incl boat service & winter storage., plus retail and residential rentals. Over 61,000 sq ft of possibilities. 2 residential & 4 Commercial rentals plus boat slips on site that total +/-$274,000.00 in annual rents to new investor. Could be Huge Double Digit Cap Rate to absentee owner. If an investor wanted to run the restaurant, boat service, boat/jet ski rentals the income could be over way over rents. Great location for new boat sales or to be developed as Waterfront Living. Only site like it in the Northeast w this strong income stream & additional income development possibilities. Conveniently Located off Pky Exit 82, 1 hr from NYC, Philly & AC. Southern Exposure in the pristine protected cove. Contact Lister for more info.
Exterior Features

Exterior Features FencedLightingOutdoor Shower Garage YN Yes Parking Features Off StreetLightedOn SiteOpen Parking Total 50 Roof Shingle

Interior Features

Fireplaces Total 0 Interior Features FluorescentRefrigeration

Property Features

Assessment Assessed Yes Gas On Site Yes Lease No Lot Features BayfrontBaysideBulkheadCoveCul-De-SacIrregular LotLagoonSubdividableFenced/Enclosed AreaHighway FrontagePossible SubdivisionSee RemarksCorner Lot New Construction YN No Owner Pays See Remarks Property Sub Type Commercial Sale Yes Sewer Public Sewer Tax Annual Amount 27000 Tax Year 2022 Water Heater Natural Gas Yes Water Source Public Zoning Description Multi-FamilySingle FamilyRetailResidentialProfessionalNeighborhoodMulti-UseMixedLive-in ProfessionalGeneral HighwayCommercialCentral Business

Listing information © 2023 Monmouth-Ocean MLS. Listing provided courtesy of Michael Loundy of Seaside Heights Realty Inc.: 732-793-5200.


© 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 2023-12-01T00:22:13.913.
 
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The CG Group | RE/MAX Revolution
2101 Hwy 34, Suite B
Wall NJ, 07719