Listing Agency: Burke&Manna Real Estate Agency c***@icloud.com Show Phone

Listed By: Christopher Cornette · License #1864375 Show Phone

Source: Exprealty

Added: Jul 2, 2024 Changed: Aug 20 Last Checked: Aug 23 at 4:15AM

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Investment Insights

Based on property information with market context.

A former restaurant building is available for sale in the Atlantic Highlands area of Route 36. The sale includes a second lot that can be used for parking or other approved purposes. Please note that cannabis-related businesses are not permitted.

Key Highlights

• Former restaurant building - suitable for immediate use or redevelopment.
• Located in the desirable Atlantic Highlands section of Rt 36.
• Includes a second lot - for parking or other approved uses.

Property Analytics

Property Profile

Current Use

Restaurants

Suggested Use

Top Pick Dental Office Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) Store Daycare Center Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

592

Businesses Nearby

64k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 54% Groceries 31% Shops & Services 8% Home Improvements & Furnishings 7%

Super Foodtown Groceries

19,631 visits/mo 0.5 miles

McDonald's Dining

18,026 visits/mo 0.1 miles

Starbucks Dining

10,328 visits/mo 0.4 miles

Dunkin' Donuts Dining

6,167 visits/mo 0.4 miles

Jaspan Brothers Hardware Home Improvements & Furnishings

4,580 visits/mo 0.5 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

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

Questions? Ask Rey

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What type of property is this? Where is this restaurants located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Restaurant - Former restaurant for sale with extra lot in Atlantic Highlands.

Where is this restaurant located?

The property is located at 969 State Route 36 Atlantic Highlands, NJ.

What is the asking price?

The asking price for this property is $920,000.

What are key features of this property?

This property features: Former restaurant building - **suitable for immediate use or redevelopment**.; Located in the desirable Atlantic Highlands section of Rt 36.; Includes a second lot - **for parking or other approved uses**.