Turnkey Multi-Level Restaurant
260 Beachway Avenue, Keansburg, NJ 07734
COMMERCIAL - Keansburg, NJ
Property size:
10,000 SFLot size:
0.20 AcresPrice / SF:
$215/SF- Added:
- May 5, 2026
- Days on Market:
- 64
- Last Refresh:
- Jul 7 at 3:06 am
Property Features for 260 Beachway Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B-2
- Parking
- 21
- Interior features
- Appliances, Fixtures, Office Equipment, Passenger Elevator(s), Refrigeration, Furniture, Elevator, Lighting Fixtures
- Accessibility
- Accessible Elevator Installed
- Appliances
- Appliances, Refrigeration
- Standard status
- Active
- APN
- 2300013000000001
- Size
- 10,000 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 22000
Utilities
- Heating system
- Forced Air, Zoned
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Private
Building Details
- Year built
- 2023
- Floors in Building
- 1
- Flooring type
- Elevator, Lighting fixtures, Tile, Tile - Ceramic
- Building materials
- Brick
- Roof type
- Asphalt
Listing agent Keke Wilkins (732) 549-1998
Listing office KELLER WILLIAMS ELITE REALTORS 481 MEMORIAL PARKWAY, Metuchen, NJ (732) 549-1998
Listing date May 5, 2026
MLS# 2615216R
Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 10,000 sq ft restaurant space with three levels plus outdoor patios
- Liquor license available with purchase option: $2.15M for building and liquor license together
- Alternative purchase option: $2.0M for building only (liquor license not included)
- Accessible features include an accessible elevator installed and a passenger elevator(s)
- Brick construction with forced‑air heating (zoned) and central air cooling
- Seller financing available with $1,075,000 down
Overview
This turnkey restaurant opportunity is offered in a fully equipped condition, with an interior build-out and ready-for-operation improvements. The property totals approximately 10,000 square feet and is arranged across three levels, supported by outdoor patio space for additional guest seating. The building was constructed in 2019, and the offering includes significant investment in fixtures and equipment, intended to support immediate operation. An option to acquire the liquor license is also part of the deal structure provided by the seller.
Located at 260 Beachway Avenue in Keansburg, New Jersey, the property is described as positioned directly across from the beach and amusement park. The seller notes exposure to high seasonal foot traffic connected to waterfront activity. The property is also identified as being in a redevelopment area with new residential development.
Designed for an owner-operator or an investor seeking a hospitality-focused asset, the multi-level layout and patio areas support a restaurant concept that can utilize both indoor and outdoor dining. Zoning is listed as B-2, aligning with commercial restaurant use in the seller’s marketing materials. Acquisition options are available for the building only, or for the building together with the liquor license, depending on the buyer’s intended operating plan.
Located at 260 Beachway Avenue in Keansburg, New Jersey, the property is described as positioned directly across from the beach and amusement park. The seller notes exposure to high seasonal foot traffic connected to waterfront activity. The property is also identified as being in a redevelopment area with new residential development.
Designed for an owner-operator or an investor seeking a hospitality-focused asset, the multi-level layout and patio areas support a restaurant concept that can utilize both indoor and outdoor dining. Zoning is listed as B-2, aligning with commercial restaurant use in the seller’s marketing materials. Acquisition options are available for the building only, or for the building together with the liquor license, depending on the buyer’s intended operating plan.
Local Financial Insights For Specialty 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 | $216.0k | $21.60 |
| − Vacancy | −$12.1k | −$1.21 |
| EGI | $203.9k | $20.39 |
| − OpEx | −$51.0k | −$5.10 |
| NOI | $152.9k | $15.29 |
10,000 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.18M
$1.91M – $2.55M
NOI $152,928 @ 7.0% cap · market cap 7.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.61M
$2.28M – $3.05M
NOI $182,784 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Location Insight
- Map
- Local Demand
- City
- Keansburg
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.1351797
- Latitude
- 40.4550714
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Turnkey restaurant building with three levels and outdoor patios, offered with a liquor license option in B-2 zoning.
Where is this conventional restaurant located?
The property is located at 260 Beachway Avenue Keansburg, NJ.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 10,000 sq ft restaurant space with three levels plus outdoor patios; Liquor license available with purchase option: $2.15M for building and liquor license together; Alternative purchase option: $2.0M for building only (liquor license not included)
