$2,075,000
Sold

560 Highway 35 N

NORMANDY BEACH, NJ 08739
4302 sqft | 5 beds | 4 baths | #22223958
Type:Purchase
Structure:House
Zone:Residential

Description

Attention investors: $200,000 plus annual potential income capacity. Rare beach block opportunity with prime visibility! Mixed-use non-conforming property (R-5). includes 3 storefronts and 2 second floor apartments in a prime location. Possibilities of commercial use are endless! The property is free and clear with no active leases. Storefronts were formerly a restaurant (all eqpt. included) with indoor/outdoor seating area, ice cream shop & business office. The 2nd floor offers two apartments offering 3 bedrooms/ 1 bath & 2 bedrooms/ 1 bath. Property did not flood during Sandy and has no known history. Clean 17 year insurance record with current owner. This highly-sought after location is approved for a single family home as well. Property has 7 parking spaces.

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© Monmouth Ocean Regional MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is 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.

Last Updated: . Source: MONMOUTH

Listing Courtesy
Listing Agent: Scott Hobbs (#41895)
Listing Office: Salt and Cedar Properties, LLC (#4123)

Malak AbdelmalakReal Estate Group

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    © Monmouth Ocean Regional MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is 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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