560 Highway 35 N

Normandy Beach, NJ, 08739

$2,350,000

$2,350,000
Active
Active
 - For Sale
property_type
Commercial
Attention investors: $200,000 plus annual Inherent rental income capacity. Rare beach block opportunity with prime visibility! Mixed-use non-conforming property (R-5). includes 3 storefronts and 2 second floor apartments in a prime location. Possibilities of commercial use are endless! The property is free and clear with no active leases. Storefronts were formerly a restaurant with indoor/outdoor seating area, ice cream shop & business office. The 2nd floor offers two apartments offering 3 bedrooms/ 1 bath & 2 bedrooms/ 1 bath. Property did not flood during Sandy and has no known history. Clean 17 year insurance record with current owner. This highly-sought after location is approved for a single family home as well. Property has 7 parking spaces.
MLS® ID:
22218460
Listed:
6/14/22
Updated:
10/1/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Interior Features
Fire Alarm, Refrigeration
Cooling
Central Air, Window Unit(s), Other
Heating
Baseboard

Exterior/Building Features

Lot Size
9,583 ft² lot
Roof
Shingle, Flat
Sewer
Public Sewer

Other Property Details

Area Name
None
Taxes
$15544
Tax Frequency
per YEAR
Garage
No
Parking
Off Street, On Street, Unpaved, On Site
Parking Total
7.0
View
N
County
Ocean
Water Source
Public
Pool
No
Total Stories
2

Property History

Date
Event
Price
Value
8/10/22
Price Change
$2,350,000
-6%

 

Courtesy of Scott Hobbs, Salt and Cedar Properties, LLC

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Data last updated 5:01 AM UTC, 10/1/22

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