262-260 Beachway Ave, Keansburg, NJ 07734
Turnkey restaurant with three levels and outdoor patios, positioned for seasonal waterfront foot traffic.
- Added:
- May 6, 2026
- Days on Market:
- 63
- Last Refresh:
- Jul 4 at 2:08 am
Property Features for 262-260 Beachway Ave
General Information
- Standard status
- Active
- Size
- 10,000 SF
Listing office KELLER WILLIAMS ELITE REALTORS (732) 549-1998
Listing date May 6, 2026
Source Exprealty
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 KELLER WILLIAMS ELITE REALTORS
HighLights
- Turnkey restaurant opportunity in Keansburg across from the beach and amusement park
- 10,000 SF space with three levels plus outdoor patios for expanded seating
- Liquor license included with purchase option at $2.15M (building + liquor license)
- Built in 2019 with $1M+ invested in fixtures and equipment
- Purchase options: building only for $2.0M or building + liquor license for $2.15M
- Seller financing available with $1,075,000 down for qualified buyers
Overview
The location is directly across from the beach and amusement park, providing exposure to high seasonal foot traffic. The property also sits within a redevelopment area with new residential development, supporting a mix of local demand and summer tourism.
For an owner-operator, this configuration can reduce downtime by starting with an operationally ready space, including the necessary licensing option. For buyers, the asset offers straightforward acquisition paths: purchase the building alone without the liquor license, or acquire the building and liquor license together. Seller financing is available with a stated down payment requirement, which may support qualified buyers seeking a more structured purchase approach.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Keansburg
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.1350952
- Latitude
- 40.4551027
