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    59 Main St Manahawkin, NJ 08050

    For Sale
    $750,000

    High-Visibility Corner Location, Great Potential

    Property size:
    2,784 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional mixed-use property at 59 N Main Street, Manahawkin, NJ, presents a unique investment opportunity. Boasting 2,784 square feet, this historic building enjoys a prime location directly across from Manahawkin Lake Park and situated on the corner of Route 9, just two blocks north of Route 72, ensuring high visibility and excellent foot traffic. The ground floor currently houses a fully operational ice cream store, representing a strong existing income stream (separate business sale opportunity available). Upstairs, a one-bedroom apartment offers versatile space, easily adaptable to office use or a cafГ©, expanding revenue potential. The property includes ample parking for twelve or more vehicles, a significant advantage in this busy area. Recent improvements include a new roof and a new porch, minimizing immediate maintenance needs. Additional storage space is conveniently located in both the basement and a walk-up attic. This property offers a blend of established business and flexible space, making it an ideal investment for both seasoned entrepreneurs and those seeking a profitable venture in a desirable location. The combination of high visibility, ample parking, and versatile space makes this a truly exceptional opportunity.

    Property Features for 59 Main St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,784 SF

    Building Details

    Year Built
    1910
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Manahawkin
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.25791
    Latitude
    39.69689

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    FAQs

    What type of property is this?
    Mixed-use property - High-Visibility Corner Location, Great Potential
    Where is this mixed-use property located?
    The property is located at 59 Main St Manahawkin, NJ.
    What is the asking price?
    The asking price for this property is $750,000.
    (732) 244-4900
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    59 Main St Manahawkin, NJ 08050
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    Realmo Value Estimation

    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.

    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.

    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
    59 Main St Manahawkin, NJ 08050
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