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

Overview

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

Listing Details MLS# 21707576

Contract Info

Property Sub-Type
Mixed Use
Sale
Yes
Lease
No
List Price/SqFt
165.94
New Construction
No
Lease Price
0
Lease Price Per/SqFt
0

Location

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
Area/Section
None
Directions
From Rumson Road, turn Right over the Bridge into Sea Bright. The property is on the Right corner of Center Street.
Business District
Yes
Near Busstop
Yes
Other - See Remarks
Yes

General Property Info

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

Tax and Legal

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

Status Change Info

Under Contract Date
2018-02-20
Sold Date
2022-04-01

Remarks & Misc

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

More Information

Income & Expenses

RE Taxes
28223.25

Use

Professional/Office
Yes
Retail
Yes

Interior

Fire Sprinkler System
Yes
Handicapped
Yes
Refrigeration
Yes

Zoning

Central Business
Yes
Commercial
Yes
Retail
Yes

Lot Description

Curbing
Yes
Highway Frontage
Yes
Major Frntg
Yes
Sidewalks
Yes

Floors

Concrete
Yes
Tile
Yes

Electric

Other - See Remarks
Yes

Gas

On Site
Yes

Cooling

Central Air
Yes

Water Heater

Natural Gas
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Water

Public Water
Yes

Sewer

Public Sewer
Yes

Exterior

Lighting
Yes

Parking

Assigned
Yes
On Street
Yes
Open
Yes
Paved
Yes

Assessment Status

Assessed
Yes

Construction/Siding

Block
Yes

Roof

Asphalt
Yes

Material

Block
Yes
Concrete
Yes

Sale Excludes

Business Name
Yes
Equipment/Furniture
Yes
Franchise
Yes
Inventory
Yes
License
Yes
Machinery
Yes

Documents Available

Blue Prints
Yes
Proof of Zone
Yes

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
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.