For Sale
$525,900

13 Main St Bradley Beach, NJ 07720

High-Yield, Redevelopment Potential, 100% Occupancy

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional investment opportunity presents a 1-story, 750-800 square foot commercial building situated on a 3,900 square foot lot at 13 Main St, Bradley Beach, NJ 07720. Currently housing four units with five tenants, the property boasts 100% occupancy and a strong gross lease structure. The building generates substantial income with minimal expenses, offering a compelling 4.20% cap rate at an asking price of $525,900. Located in a prime downtown location near the Avon border, this Office-Professional zoned property presents significant redevelopment potential. The existing structure could be expanded, or a complete rebuild is feasible, allowing for a three-story building with mixed-use (residential and commercial) capabilities. This presents a unique chance to capitalize on both immediate cash flow and long-term appreciation through strategic development in a thriving Monmouth County location. The property is zoned for Office-Professional use.

Highlights

  • $525,900 Asking Price
  • 750-800 Square Foot Creative/Traditional Office Building
  • 4.20% Cap Rate
  • 100% Occupancy with 5 Tenants
  • Gross Lease, Multi-Tenant Building in Bradley Beach, NJ (07720)
  • Located on a 3,900 sq ft lot, zoned Office-Professional, allowing for potential redevelopment.

Property Details for 13 Main St

Property type
Office properties, Office space
Square Feet
750 SF
Buildings
1
Stories
1
Units
4

Location Insight

City
Bradley Beach
County
Monmouth
State
New Jersey
Latitude
40.197193738884
Longitude
-74.020144926784

FAQs

What type of property is this?
Office property - High-Yield, Redevelopment Potential, 100% Occupancy
Where is the office property located?
The property is located at 13 Main St Bradley Beach, NJ.
What is the asking price?
The asking price for this property is $525,900.
What are key features of this property?
This property features: $525,900 Asking Price; 750-800 Square Foot Creative/Traditional Office Building; 4.20% Cap Rate
How can I contact the broker?
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13 Main St
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