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Four-Bay Auto Service Center
For Sale
$1,200,000

119 Memorial Parkway, Atlantic Highlands, NJ 07716

The layout accommodates automotive service, car stereo work, and tire installation.

Property SizeContact for details
Days on Market230

Property Features for 119 Memorial Parkway

General Information

Standard status Active
Total Parking Spaces 40
Property subtype Commercial
Zoning Retail, Commercial, Condo, General Highw

Site & Location

Highway Access Yes
Road Access Yes
Fenced Yard Yes

Additional Details

Business Included Yes
Service Bays 4

Taxes and HOA fees

Annual Taxes $9,824

Amenities

Auto Bay

Building Details

Stories 1
Listing Agency: Coldwell Banker Realty
Listed By: David DeSocio
Source: Cammarotarealestate
Added: Mar 9 Changed: Oct 22 Last Checked: Oct 22 at 2:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Rey
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Investment Insights

Based on property information with market context.

This auto service property has four garage bays, including a recently added bay for car stereo and tire installation. The facility also includes a fenced rear yard, currently rented to a lawn care company.

The rear yard has room for 30/40 cars in additional storage. The property is located in Atlantic Highlands, New Jersey.

Key Highlights

  • Four garage bays, including a recently added bay for stereo and tire installation
  • Fenced rear yard is rented to a lawn care company
  • Rear yard has space for 30/40 cars

Property Analytics

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Open Analytics

Current Use

Quicky Lube Plus ... Auto Repair Shop

Suggested Use

Top Pick Auto Parts Store Barber Shop Hair Salon (Bike/Boat/Book/etc) Store Real Estate Agency Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Service bays
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

349
Businesses Nearby
17k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 52% Apparel 48%
Dollar Tree Shops & Services
9,013 visits/mo 0.3 miles
Goodwill Apparel
8,409 visits/mo 0.3 miles

Demographics for 07716, NJ

8,713
Population
3,931
Households
2.2
Avg Household Size
48
Median Age
47%
College-Educated
92%
High-School Grad
4.4 sq mi
ZIP Area
1,980
Density / Sq Mi
$124,096
Median Household Income
$60,639
Median Earnings
$1,863
Median Rent
$621,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • GM Restorations — 25 Mountainside Ave, Atlantic Highlands, NJ 07716
  • Quicky Lube Plus III — 119 Memorial Pkwy, Atlantic Highlands, NJ 07716
  • Atlantic Highlands Auto Center — 190 first ave, atlantic highlands, nj 07716
  • My Guy, Nelson's Auto Repair — 133 First Ave, Atlantic Highlands, NJ 07716
  • Wreckroom Collision — 8 West Ave, Atlantic Highlands, NJ 07716

Frequently Asked Questions

What type of property is this?
Auto shop - The layout accommodates automotive service, car stereo work, and tire installation.
Where is this auto shop located?
The property is located at 119 Memorial Parkway Atlantic Highlands, 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: Four garage bays, including a recently added bay for stereo and tire installation; Fenced rear yard is rented to a lawn care company; Rear yard has space for 30/40 cars
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