1148-1162 Ocean Avenue, Sea Bright, NJ 07760

$2,300,000
Property Type: Commercial Square Footage: 15,066 Status: Closed
Current Price: $2,300,000 List Date: 2/28/2017 Last Modified: 1/31/2025

Description

Outstanding opportunity to own an important, 4-parcel Mixed-Use real estate property, including 2-level Free Standing Building in the center of Downtown Sea Bright. Dedicated parking lot included. Bldg has 2 floors at present time. Sale includes adjacent 1 and 3 Center St vacant residential lots. Each vacant lot is 25x72. There is new construction and redevelopment projects throughout the entire Downtown retail, and residential zones. Beautiful beaches across street. There are +/- 22 dedicated parking spaces. Also, street parking directly in front of building. Ground Level features +/- 11,754 SF of retail store space with two entrances. The 2nd Floor of +/- 3,312SF is Unfinished Space. High Speed Seastreak Ferry transportation to Downtown Manhattan is just 4.2 miles from this prop

More Information MLS# 21707576

Contract Info

Sale: Yes Lease: No List Price/SqFt: 165.94 Lease Price: 0 Lease Price Per/SqFt: 0 New Construction: No Status: Closed List Date: 2017-02-28 Property Sub-Type: Mixed Use Sold Price: $2,300,000 Current Price: $2,300,000

Location

Area/Section: None Business District: 1 Near Busstop: 1 Other - See Remarks: 1 House Number: 1148-1162 Street Name: Ocean Street Suffix: Avenue County: Monmouth Municipality: Sea Bright (SEA) Postal City: Sea Bright State: NJ Zip Code: 07760 Directions: From Rumson Road, turn Right over the Bridge into Sea Bright. The property is on the Right corner of Center Street.

General Property Info

Handicap Access: Yes # Levels: 2 Available SqFt: 15066 Office SqFt: 3312 Retail SqFt: 11754 Lot Dimensions: 140 x 75 Garage: No # Car Garage: 0 # Parking Spaces: 22 Business Operating: Yes Franchise: No Farm: No Apx SqFt: 15066

Tax and Legal

Asmnt - Total: 1742000 Deed Restricted: No Special Assessment: No Taxes: 28223 Tax Year: 2016

Remarks & Misc

Excluded: Liquor License. Trade fixtures are property of tenant. Suspended accoustical tile ceiling

Income & Expenses

RE Taxes: 28223.25

Use

Professional/Office: 1 Retail: 1

Interior

Fire Sprinkler System: 1 Handicapped: 1 Refrigeration: 1

Zoning

Central Business: 1 Commercial: 1 Retail: 1

Lot Description

Curbing: 1 Highway Frontage: 1 Major Frntg: 1 Sidewalks: 1

Floors

Concrete: 1 Tile: 1

Electric

Other - See Remarks: 1

Gas

On Site: 1

Cooling

Central Air: 1

Water Heater

Natural Gas: 1

Heating

Forced Air: 1 Natural Gas: 1

Water

Public Water: 1

Sewer

Public Sewer: 1

Exterior

Lighting: 1

Parking

Assigned: 1 On Street: 1 Open: 1 Paved: 1

Assessment Status

Assessed: 1

Construction/Siding

Block: 1

Roof

Asphalt: 1

Material

Block: 1 Concrete: 1

Sale Excludes

Business Name: 1 Equipment/Furniture: 1 Franchise: 1 Inventory: 1 License: 1 Machinery: 1

Documents Available

Blue Prints: 1 Proof of Zone: 1

Status Change Info

Under Contract Date: 2018-02-20 Sold Date: 2022-04-01 Sold Price: $2,300,000

Property Features

Location: Business District; Near Busstop; Other - See Remarks; Business District; Near Busstop; Other - See Remarks Use: Professional/Office; Retail Interior: Fire Sprinkler System; Handicapped; Refrigeration Floors: Concrete; Tile Cooling: Central Air Heating: Forced Air; Natural Gas Water Heater: Natural Gas Water: Public Water Sewer: Public Sewer Gas: On Site Electric: Other - See Remarks Exterior: Lighting Parking: Assigned; On Street; Open; Paved Roof: Asphalt Material: Block; Concrete Sale Excludes: Business Name; Equipment/Furniture; Franchise; Inventory; License; Machinery Zoning: Central Business; Commercial; Retail Lot Description: Curbing; Highway Frontage; Major Frntg; Sidewalks Assessment Status: Assessed Documents Available: Blue Prints; Proof of Zone
Listing Office: Diane Turton, Realtors-Rumson
Listing Agent: Laura J Kelson
IDX
Last Updated: January - 31 - 2025
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