Central Air Retail
For Sale
$2,300,000
Pending
703 Grand Central Avenue, Lavallette, NJ 08735
COMMERCIAL - Lavallette, NJ
Property Size4,156 SF
Lot Size0.11 Acres
Days on Market52
Property Features for 703 Grand Central Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Commercial
Parking features
Offsite, On Street
Directions
Grand Central Ave across the street from the old Rite Aide building.
Standard status
Pending
APN
16-00008-0000-00030
Size
4,156 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5973
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Water front
1
Building Details
Year built
1935
Floors in Building
1
Roof type
Flat
Listing Agency:
Crossroads Realty, Inc.
(732) 244-4900
Listed By:
George J Shenewolf · License #1220879
(732) 244-4900
Added: Jul 8
Changed: Aug 4
Last Checked: Aug 28 at 5:06PM
MLS# 22620887
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail storefront in Lavallette’s B-2 Downtown Business District offers a single-level layout totaling 4,156 SF, built in 1935. The space includes two restrooms and is designed to be flexible for future use, including a potential conversion to two units with Twnp approval. The B-2 District also allows for a second-floor apartment with Twnp approval.
Located on Grand Central Avenue in an ocean-block setting, the property is positioned for retail, office, or restaurant concepts. The building is served by public water and public sewer, with forced air heating and central air conditioning. The roof is flat, and parking is available via a mix of offsite and on-street options.
The surrounding tenant mix includes Jersey Mike’s, Dunkin Donuts, and the Crabs Claw.
Located on Grand Central Avenue in an ocean-block setting, the property is positioned for retail, office, or restaurant concepts. The building is served by public water and public sewer, with forced air heating and central air conditioning. The roof is flat, and parking is available via a mix of offsite and on-street options.
The surrounding tenant mix includes Jersey Mike’s, Dunkin Donuts, and the Crabs Claw.
Key Highlights
- 4,156 SF retail storefront in Lavallette’s B‑2 Downtown Business District
- Two restrooms with potential to convert to two units with Twnp approval
- B‑2 District allows a second‑floor apartment with Twnp approval
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
282
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Lenny's Pizza
Dining
3,032 visits/mo
0.2 miles
Playa Bowls
Dining
571 visits/mo
0.1 miles
Demographics for 08735, NJ
3,064
Population
7,244
Households
0.4
Avg Household Size
64
Median Age
50%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
1,802
Density / Sq Mi
$85,265
Median Household Income
$64,875
Median Earnings
$865,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Flowers by Melinda — 1403 Grand Central Ave, Lavallette, NJ 08735
Frequently Asked Questions
What type of property is this?
Storefront property - Retail storefront in Lavallette’s B-2 district with forced air heat, central air, and public water and sewer.
Where is this storefront property located?
The property is located at 703 Grand Central Avenue Lavallette, NJ.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 4,156 SF retail storefront in Lavallette’s B‑2 Downtown Business District; Two restrooms with potential to convert to two units with Twnp approval; B‑2 District allows a second‑floor apartment with Twnp approval
