Grocery and Convenience Store
For Sale
$695,000
618 Main Street, Bradley Beach, NJ 07720
Includes a Broad C License with potential for bar or in-house consumption uses.
Property Size2,030 SF
Days on Market63
Property Features for 618 Main Street
General Information
Standard status
Active
Size
2,030 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Liquor License
Yes
Taxes and HOA fees
Annual Taxes
$7,574
Building Details
Building Size
2,030 SF
Listing Agency:
Realty One Group Open Door
Listed By:
Michael Crocitto · License #2295566
(732) 410-5699
Source:
Sackmanrealty
Added: Aug 12
Changed: Oct 11
Last Checked: Oct 11 at 2:24PM
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 Realty One Group Open Door
Investment Insights
Based on property information with market context.
This offering is a liquor-store business at 618 Main St in Bradley Beach, NJ. A Broad C License is included, with potential for a bar or in-house consumption described in the offering details.
The business is identified as one of only two liquor stores in town. Surrounding context includes summer tourism, nearby BYOB restaurants, residential neighborhoods, NJ Transit, and close proximity to the beach. Walk Score is 28, rated Car-Dependent, while Bike Score is 44, rated Somewhat Bikeable.
The business is identified as one of only two liquor stores in town. Surrounding context includes summer tourism, nearby BYOB restaurants, residential neighborhoods, NJ Transit, and close proximity to the beach. Walk Score is 28, rated Car-Dependent, while Bike Score is 44, rated Somewhat Bikeable.
Key Highlights
- Broad C License included
- Potential for bar or in‑house consumption
- One of only two liquor stores in town
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,044
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$620,880
$620.9K
Cap Rate 7%
$443,486
$443.5K
Cap Rate 9%
$344,933
$344.9K
Market Conditions
NOI Build-Up for 2,030 SF
Gross rent
$43.8K $21.60/SF
− Vacancy
−$2.5K −$1.21/SF
EGI
$41.4K $20.39/SF
− OpEx
−$10.3K −$5.10/SF
NOI
$31.0K $15.29/SF
Area
Monmouth County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$620,880
Cap Rate 7%
$443,486
Cap Rate 9%
$344,933
Alternative Uses
Best Use
Specialty Retail
$443.5K
$388.1K – $517.4K
NOI $31,044 @ 7.0% cap · market cap 4.47%
Second Best
Retail
$413.9K
$362.2K – $482.9K
NOI $28,975 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$530.1K
$463.8K – $618.4K
NOI $37,105 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
1,057
Businesses Nearby
47k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 65%
Groceries 30%
Dining 5%
Stop & Shop
Groceries
13,940 visits/mo
0.5 miles
Family Dollar
Shops & Services
9,450 visits/mo
0.4 miles
Chase Bank
Shops & Services
6,983 visits/mo
0.1 miles
Speedway
Shops & Services
5,341 visits/mo
0.2 miles
Mobil
Shops & Services
3,924 visits/mo
0.3 miles
Demographics for 07720, NJ
4,175
Population
2,836
Households
1.5
Avg Household Size
47
Median Age
67%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
6,958
Density / Sq Mi
$94,722
Median Household Income
$52,661
Median Earnings
$1,710
Median Rent
$857,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Includes a Broad C License with potential for bar or in-house consumption uses.
Where is this grocery and convenience store located?
The property is located at 618 Main Street Bradley Beach, NJ.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Broad C License included; Potential for bar or in‑house consumption; One of only two liquor stores in town
