Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    428 Main St #408 Asbury Park, NJ 07712

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,000,000

    Established hardware store with expansion potential in Asbury Park.

    Property size:
    7,062 SF
    Lot size:
    0.08 Acres

    Property Features for 428 Main St #408

    General Information

    Standard status
    Active
    Size
    7,062 SF
    Lot size
    0.08 Acres

    Building Details

    Year built
    1920

    Source: SACKMAN REALTY Agent PATRICK SCHIAVINO

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hardware Store in Central Business

    This is a rare opportunity to purchase a successful hardware store business that has been operating for 40 years, along with the building it occupies. The property is situated in the heart of Asbury Park, within the Central Business District. It benefits from being a member of the UEZ and is located in an Opportunity Zone. The first floor comprises approximately 3,534 square feet of retail space. The second floor, also approximately 3,534 square feet, is currently vacant and presents opportunities for expansion or development. The second floor could be purposed for residential, office, or service use, or for expansion of the retail space. The property has a total size of 7,062 square feet.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Similar Places Nearby

    Wegmans Floral

    Map

    City
    Asbury Park
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.0521
    Latitude
    40.2492

    Nearby Similar for Sale

    • New
      $1,125,000
      3,300 SF

      Versatile Triplex in Asbury Park

      Three vacant units, ideal for investors or owner-occupants.
      1017 Summerfield Ave, Asbury Park, NJ 07712
      View Details
    • $1,999,999
      Pending

      Iconic Building with Parking Lot

      Landmark building with attached parking lot, leased to Frank's Deli.
      1406 Main St, Asbury Park, NJ 07712
      View Details
    • $1,300,000
      Pending

      Asbury Park Two-Family Home

      Legal two-family near beach, ideal for owner occupant or Airbnb.
      505 6Th Ave, Asbury Park, NJ 07712
      View Details
    • $1,350,000
      3,600 SF

      Asbury Park Three-Family Home

      Spacious three-family home near beach, boardwalk, and Deal Lake.
      1702 Grand Ave, Asbury Park, NJ 07712
      View Details
    • $680,000
      Pending

      Asbury Park Income Property

      Well-maintained two-family home near parks, schools, and the beach.
      1015 Mattison Ave, Asbury Park, NJ 07712
      View Details
    • $1,649,000
      3,665 SF

      Asbury Park Multifamily Property

      Multifamily property for sale in Asbury Park, New Jersey.
      406 4Th Ave, Asbury Park, NJ 07712
      View Details

    FAQs

    What type of property is this?
    Storefront property - Established hardware store with expansion potential in Asbury Park.
    Where is this storefront property located?
    The property is located at 428 Main St #408 Asbury Park, NJ.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Established 40-year-old hardware store business included; - Prime location in the heart of Asbury Park's Central Business District; - Building included in the sale
    (732) 798-8188
    Request Owner's contact information
    428 Main St #408 Asbury Park, NJ 07712
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    428 Main St #408
    Asbury Park, NJ 07712
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    428 Main St #408 Asbury Park, NJ 07712
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.