417-421 Bayside Terrace W, Seaside Heights, NJ 08751 (MLS# 22103130)

417-421 Bayside Terrace W, Seaside Heights, NJ 08751

$2,495,000
Property Type: Commercial Square Footage: 71,000 Lot Size (sq. ft.): 87,120 Status: Closed
Current Price: $2,495,000 List Date: 2/03/2021 Last Modified: 2/06/2025

Overview

Description

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 Details MLS# 22103130

Contract Info

Property Sub-Type
Commercial
Sale
Yes
Lease
No
List Price/SqFt
35.21
New Construction
No

Location

House Number
417-421
Street Name
Bayside
Street Suffix
Terrace
Dir Suffix
W
County
Ocean
Municipality
Seaside Heights (SEH)
Postal City
Seaside Heights
State
NJ
Zip Code
08751
Area/Section
Seaside Heights
Directions
Bayside of Seaside Heights. Off Rte 35 W. Huge traffic count. Backs up to the Hiering Ave section of Millionaires Row

General Property Info

# Levels
2
Available SqFt
71000
Apx SqFt
71000
Garage
Yes
# Car Garage
3
# Parking Spaces
50
Acreage
2
Lot Dimensions
IRR
Business Name
Cranberry Inlet Marina
Business Operating
Yes
Franchise
No
Farm
No

Tax and Legal

Taxes
36827
Tax Year
2020

Status Change Info

Under Contract Date
2021-02-17
Sold Date
2021-05-12

Miscellaneous

# Docks
50

More Information

Property Features

Location: Near Parkway Access; Other - See Remarks; Near Parkway Access; Other - See Remarks Use: Apartments; Guest House; Marine; Professional Service; Professional/Office; Restaurant; Retail; Other Interior: Fluorescent; Refrigeration Seat Capacity: 60 - 99 Heating: Natural Gas Water Heater: Natural Gas Water: Public Water Sewer: Public Sewer Gas: On Site Electric: Other - See Remarks Exterior: Dock; Fenced; Lighting; Loading Dock; Outside Storage; Overhead Doors; Truck Door Parking: Lighted; Off Street; On Site; Open Roof: Shingle Material: Block Sale Includes: Business Name; Equipment/Furniture; Goodwill; Inventory; License; Machinery; Phone System; Signs; Training by Owner Zoning: Central Business; Commercial; Condo; General Highway; Live-in Professional; Mixed; Multi-Use; Neighborhood; Office; Professional; Residential; Retail; Single Family; Multi-Family Lot Description: Bayfront; Bayside; Corner Lot; Cove; Cul-De-Sac; Fenced/Enclosed Area; Highway Frontage; Irregular Lot; Lagoon; Possible Subdivision; Subdividable; Other; See Remarks Water Type: Bayfront; Bayside; Bayview; Bulkhead; Cove; Riparian Grants; Riparian Rights; Other - See Remarks Common Elements: Boat Dock Assessment Status: Assessed Documents Available: Aerial Photo; Legal Description; Survey
IDX
Listing Office: Seaside Heights Realty Inc.
Listing Agent: Michael Loundy
Source MLS Verified
Last Updated: February - 06 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. 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.
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