Turnkey Restaurant Opportunity Near
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:
- 13
- Last Refresh:
- May 17 at 6:06 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
- Zoned, Forced Air
- Cooling system
- Ceiling Fan(s), Central Air
- Water source
- Private
Building Details
- Year built
- 2023
- Floors in Building
- 1
- Flooring type
- Tile - Ceramic, Tile, Elevator, Lighting fixtures
- 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
- Prime location directly across from the beach and amusement park in Keansburg, ensuring high seasonal foot traffic.
- Fully equipped, turnkey 10,000 sq ft restaurant space ready for immediate operation.
- Includes a liquor license, enabling high‑margin alcohol sales.
- Three levels plus outdoor patios maximize seating and revenue potential.
- Built in 2019 with over $1M invested in fixtures and equipment.
- Located in a growing redevelopment area with new residential developments, benefiting from both local and tourist demand.
Overview
This turnkey restaurant opportunity is located in Keansburg, directly across from the beach and amusement park, providing significant exposure to seasonal foot traffic. The property, built in 2019, features 10,000 square feet of space across three levels, plus outdoor patios. Over $1M was invested in fixtures and equipment. The property includes a liquor license. Situated on a lot of 0.1997 acres, the restaurant is positioned in a growing redevelopment area with new residential developments, benefiting from both local demand and summer tourism. The property is zoned B-2. It is suited for owner-operators or investors seeking a high-traffic, income-producing coastal opportunity.
Financial Insights
Value Estimation Calculated for Specialty Retail
Conservative
$1.70M
NOI $152,928 @ 9.00% cap · cautious / downside scenario
Moderate
$2.18M
NOI $152,928 @ 7.00% cap · market / base-case scenario
Aggressive
$3.06M
NOI $152,928 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Specialty Retail
| 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 Use Scenarios
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
Insight Report
Location Intelligence
Current Use by Public Records
Conventional restaurants
Location Insight
- Map
- Local Demand
- City
- Keansburg
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.1350952
- Latitude
- 40.4551027
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Fully equipped restaurant near beach and amusement park.
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: Prime location directly across from the beach and amusement park in Keansburg, ensuring high seasonal foot traffic.; **Fully equipped, turnkey 10,000 sq ft restaurant space ready for immediate operation.**; Includes a liquor license, enabling high‑margin alcohol sales.
