417-421 Bayside Terrace
417-421 Bayside Terrace Seaside Heights, New Jersey 08751 United States

$2,499,900
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Fully Functioning Marina, Restaurant, Boat/Jet Ski, rentals. Incl boat service and winter storage., plus retail and residential rentals. Over 71,000 sq ft of possibilities. 3 residential and 5 commercial rentals plus boat slips on site that total...

Seaside Heights Realty Inc.

Listing Courtesy of Michael Loundy
$2,499,900
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2 Acres
Exterior
Commercial
Property type
22103130
Web Id
22103130
MLS ID
Seaside Heights Borough
School District
6
days ago
This Property is Currently Contract Pending

About 417-421 Bayside Terrace

Fully Functioning Marina, Restaurant, Boat/Jet Ski, rentals. Incl boat service and winter storage., plus retail and residential rentals. Over 71,000 sq ft of possibilities. 3 residential and 5 commercial rentals plus boat slips on site that total over $260,000.00 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 and additional income development possibilities. Conveniently Located off Pky Exit 82, 1 hr from NYC, Philly and AC. Southern Exposure in the pristine protected cove. Contact LB.

Listing Courtesy of Michael Loundy, Seaside Heights Realty Inc.

features

Additional Listing Type
In Contract

PROPERTY INFORMATION

Garage Info
3.00
Heating
Natural Gas
Parking Description
Lighted, Off Street, On Site, Open Lot

EXTERIOR

Exterior Features
Boat Dock, Fenced, Loading Dock, Outdoor Lighting, Outside Storage, Overhead Doors, Truck Door
Lot Description
Bayfront, Bayside, Bulkhead, Corner, Cove, Cul-De-Sac, Fenced/Enclosed Area, Highway Frontage, Irregular Lot, Lagoon, Other - See Remarks, Possible Subdivision, Subdividable
Roofing
Shingled

INTERIOR

Interior Features
Fluorescent, Refrigeration

ADDITIONAL INFORMATION

ANNUAL PROPERTY TAX
$36, 827
Listing Courtesy of Michael Loundy