1202 3rd Avenue, Spring Lake, NJ 07762
$2,500,000
Property Type:
Commercial
Square Footage:
7,394
Status:
Closed
Current Price:
$2,500,000
List Date:
3/26/2018
Last Modified:
2/02/2025
Overview
Description
Renovated commercial property in the prestigious business district of the shore community: SPRING LAKE. Situated on the corner of 3rd and Morris, 1202 3rd Ave boasts premium visibility along with the benefit of side street parking. With two of the three units occupied, the potential to own this positive income producing property is here.
Listing Details MLS# 21811139
Contract Info
- Property Sub-Type
- Commercial
- Sale
- Yes
- Lease
- Yes
- List Price/SqFt
- 371.92
- Lease Price
- 3975
- Lease Price Per/SqFt
- 0.54
Location
- House Number
- 1202
- Street Name
- 3rd
- Street Suffix
- Avenue
- County
- Monmouth
- Municipality
- Spring Lake (SPR)
- Postal City
- Spring Lake
- State
- NJ
- Zip Code
- 07762
- Area/Section
- None
- Directions
- Route 71 North or South to East on Warren, make left on 5th, right on Morris, to 3rd. Downtown Spring Lake on the corner of 3rd Ave and Morris.
- Business District
- Yes
General Property Info
- # Levels
- Yes
- Available SqFt
- 7394
- Apx SqFt
- 7394
- Apx Year Built
- 2016
- Garage
- No
- Lot Dimensions
- 69 x 100
- # Car Garage
- 0
Tax and Legal
- Asmnt - Total
- 1514200
- Taxes
- 10493
- Tax Year
- 2017
Status Change Info
- Under Contract Date
- 2018-09-14
- Sold Date
- 2018-12-19
Income & Expenses
- # Rental Units
- 3
More Information
Use
- Retail
- Yes
Zoning
- Retail
- Yes
Lot Description
- Corner Lot
- Yes
Electric
- Other - See Remarks
- Yes
Gas
- At Street
- Yes
- 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
- Display Window
- Yes
Parking
- Lighted
- Yes
- On Street
- Yes
Assessment Status
- Assessed
- Yes
Property Features
Location:
Business District; Business District
Use:
Retail
Cooling:
Central Air
Heating:
Forced Air; Natural Gas
Water Heater:
Natural Gas
Water:
Public Water
Sewer:
Public Sewer
Gas:
At Street; On Site
Electric:
Other - See Remarks
Exterior:
Display Window
Parking:
Lighted; On Street
Zoning:
Retail
Lot Description:
Corner Lot
Assessment Status:
Assessed
Listing Office:
Realty One Group Emerge
Listing Agent:
Jeffrey Roberts
Last Updated: February - 02 - 2025
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