Point Pleasant Beach Commercial
For Sale
$1,200,000
401 Richmond Avenue, Point Pleasant Beach, NJ 08742
COMMERCIAL - Point Pleasant Beach, NJ
Property Size3,378 SF
Lot Size0.34 Acres
Price / SF$355.24
Days on Market419
Property Features for 401 Richmond Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Route 35 South, Corner of Richmond Ave (Route 35) and McClean Ave
Subdivision
Pt Pleasant Bch
Standard status
Active
APN
26-00093-0000-00011
Size
3,378 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
15462
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1990
Floors in Building
1
Listing Agency:
Real Broker, LLC- Red Bank
(855) 653-6723
Listed By:
Juan Sardo
(855) 653-6723
Added: Jun 13, 2025
Changed: Aug 4
Last Checked: Aug 5 at 5:06PM
MLS# 22517518
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.
Located in downtown Point Pleasant Beach, this property, formerly a service station, is zoned for general commercial use. The property offers opportunities for various ventures, including a retail store, cafe, or office space. The location benefits from foot traffic and visibility. The property also presents an opportunity for a mechanic or contractor, or the option to tear it down and start fresh. The property is situated in a community with a local scene. The property is sold ''as is,'' allowing for customization. The property size is 3378 square feet and the lot size is 0.34 acres.
Key Highlights
- Prime downtown Point Pleasant Beach location with high foot traffic and visibility.
- Zoned for general commercial use, offering versatile business opportunities (retail, cafe, office).
- Opportunity for mechanic or contractor use.
Financial Insights For Retail
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 | $73.0k | $21.60 |
| − Vacancy | −$4.1k | −$1.21 |
| EGI | $68.9k | $20.39 |
| − OpEx | −$20.7k | −$6.12 |
| NOI | $48.2k | $14.27 |
3,378 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$688.8K
$602.7K – $803.6K
NOI $48,215 @ 7.0% cap · market cap 4.02%
Second Best
Industrial
$541.7K
$474.0K – $631.9K
NOI $37,916 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$882.1K
$771.8K – $1.03M
NOI $61,744 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
953
Businesses Nearby
48k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 39%
Home Improvements & Furnishings 2%
Dunkin' Donuts
Dining
14,724 visits/mo
0.3 miles
Exxon
Shops & Services
10,796 visits/mo
0.4 miles
Sunoco
Shops & Services
6,741 visits/mo
0.3 miles
Dollar General
Shops & Services
5,460 visits/mo
0.2 miles
Jersey Mike's Subs
Dining
4,023 visits/mo
0.4 miles
Demographics for 08742, NJ
25,056
Population
12,604
Households
2
Avg Household Size
46
Median Age
52%
College-Educated
95%
High-School Grad
5.6 sq mi
ZIP Area
4,474
Density / Sq Mi
$111,983
Median Household Income
$57,547
Median Earnings
$1,879
Median Rent
$576,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - Commercial property in downtown Point Pleasant Beach, zoned for general commercial.
Where is this auto shop located?
The property is located at 401 Richmond Avenue Point Pleasant Beach, NJ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime downtown Point Pleasant Beach location with high foot traffic and visibility.; Zoned for general commercial use, offering versatile business opportunities (retail, cafe, office).; Opportunity for mechanic or contractor use.
