Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    518-520 Arnold Avenue Point Pleasant Beach, NJ 08742

    View on Map
    For Lease
    $8,000 /Mo

    COMMERCIAL - Point Pleasant Beach, NJ

    Property size:
    3,226 SF
    Lot size:
    0.28 Acres
    Added:
    Mar 4, 2026
    Days on Market:
    28
    Last Refresh:
    Apr 1 at 4:06 pm

    Property Features for 518-520 Arnold Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    RV, Assigned, Alley, On Street
    Exterior features
    Display Window
    Basement
    Partial, Full
    Standard status
    Active
    APN
    26-00089-0000-00010
    Size
    3,226 SF
    Lot size
    0.28 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    16227

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Floors in Building
    1
    Building materials
    Glass, Brick Veneer, Stucco

    We can help!

    Listing Contact
    Gina Corbisiero

    Listing agent Gina Corbisiero License #8034047

    Listing office C21/ Solid Gold Realty 721 Brick Boulevard, Brick, NJ

    Listing date Mar 4, 2026

    MLS# 22605469

    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.

    Overview

    Restaurant Space in Point Pleasant

    This commercial space, approximately 3226 square feet, presents an opportunity to open a restaurant on Arnold Avenue in Point Pleasant Beach. The location offers potential due to its downtown setting. A front take-out window is included. Apartments are planned to be built across the street above retail businesses, which may increase business. The property is located in close proximity to the train, beach, and boardwalk. The lot size is 0.28 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Wandering Sweets — 512 Bay Ave, Point Pleasant Beach, NJ 08742
    • Soiree Catering-Event Planning — 509 Bay Ave, Point Pleasant Beach, NJ 08742
    • Clarks Landing Caterers — 847 Arnold Avenue, Clark Landing Dr, Point Pleasant, NJ 08742
    • Joe Leone's Catering Pick Up — 650 Cincinnati Ave, Point Pleasant Beach, NJ 08742

    Location Insight

    • Map
    • Local Demand
    City
    Point Pleasant Beach
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.049042
    Latitude
    40.091555

    Nearby Similar for Lease

    • Contact for pricing

      Waterfront Office at Yacht Club

      Office suite with water views and optional boat slip.
      501 Broadway unit: 202, Point Pleasant Beach, NJ 08742
      View Details
    • $21/mo

      Retail and Warehouse Space Available

      Retail and warehouse space for lease near Route 35.
      804-808 Arnold Avenue, Point Pleasant Beach, NJ 08742
      View Details
    • Contact for pricing

      Point Pleasant Beach Office Space

      Office space near beach, boardwalk, train, and shopping district.
      204 Channel Drive, Point Pleasant Beach, NJ 08742
      View Details
    • $21/mo

      Retail/Warehouse Space with Loading Dock

      Retail and storage/warehouse building with loading dock for rent.
      804 Arnold Ave, Point Pleasant Beach, NJ
      View Details
    • Contact for pricing

      Retail Space with Grocery Fixtures

      Retail space with grocery fixtures available for lease.
      505 Richmond Ave, Point Pleasant Beach, NJ
      View Details
    • Contact for pricing

      Restaurant and Retail Space Available

      Restaurant and retail spaces available for lease in Point Pleasant.
      1901 N Ocean Ave, Point Pleasant Beach, NJ
      View Details

    FAQs

    What type of property is this?
    Restaurant - Restaurant space for rent in a prime location.
    Where is this restaurant located?
    The property is located at 518-520 Arnold Avenue Point Pleasant Beach, NJ.
    What is the lease rate?
    The lease rate is $8,000 /Mo.
    What are key features of this property?
    This property features: Prime location on Arnold Ave. in Pt. Pleasant Beach, a high‑traffic area.; Suitable for a restaurant with approximately 3226 square feet of space.; Includes a front take‑out window.
    (732) 920-2100
    We can help!
    Listing Contact
    Gina Corbisiero
    Real Estate License ID: 8034047
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!