Turnkey Corner Restaurant and
117 Boulevard Seaside Heights, NJ 08751
117 Boulevard, Seaside Heights, NJ, 08751
$1,750,000
For Sale
$1,750,000
COMMERCIAL - Seaside Heights, NJ
Property Size3,225 SF
Lot Size0.08 Acres
Price / SF$542.64
Days on Market100
Property Features for 117 Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 3
- Interior features
- Refrigeration
- Exterior features
- Outdoor Shower
- Fencing
- Fenced
- Fireplace
- 1
- Standard status
- Active
- APN
- 27-00010-0000-00001
- Size
- 3,225 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11841
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Window Unit(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 3
Listing agency
Goldstone Realty
(732) 898-3400
Listed by
Sidney Loundy · License #1541994
(732) 898-3400
Added: Apr 14 Updated: Jul 12 at 7:36AM Checked: Jul 22 at 6:06AM
MLS# 22610207
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Turnkey corner restaurant with a charming brick facade, operated as a year-round Seaside Heights staple. The sale includes the business, the building, and the equipment. Above the deli are three rentable spaces, including two rented apartments.
The property sits on the corner of Lincoln and the Boulevard in Seaside Heights, NJ.
With restaurant operations on the ground level and multiple rentable units above, the building offers an income-generating configuration in a single ownership.
The property sits on the corner of Lincoln and the Boulevard in Seaside Heights, NJ.
With restaurant operations on the ground level and multiple rentable units above, the building offers an income-generating configuration in a single ownership.
Key Highlights
- Turnkey restaurant business, building, and equipment included in sale.
- Established, year‑round successful business in seasonal Seaside Heights.
- Prime corner location at Lincoln & the Boulevard with significant curb appeal.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.4k | $25.56 |
| − Vacancy | −$5.3k | −$1.65 |
| EGI | $77.1k | $23.91 |
| − OpEx | −$23.1k | −$7.17 |
| NOI | $54.0k | $16.74 |
3,225 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$771.1K
$674.7K – $899.6K
NOI $53,974 @ 7.0% cap · market cap 3.08%
Second Best
Apartment 5plus
$708.5K
$619.9K – $826.6K
NOI $49,594 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$842.1K
$736.9K – $982.5K
NOI $58,948 @ 7.0% cap · market cap 3.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turnkey restaurant on a corner with three rentable spaces above, including two rented apartments.
Where is this conventional restaurant located?
The property is located at 117 Boulevard Seaside Heights, NJ.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Turnkey restaurant business, building, and equipment included in sale.; Established, year‑round successful business in seasonal Seaside Heights.; Prime corner location at Lincoln & the Boulevard with significant curb appeal.
