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    2 Main St Bradley Beach, NJ 07720

    For Sale
    $199,999

    Prime Medical/Office Condo, Great Investment

    Property size:
    451 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 451-square-foot office condo, located at 2 Main Street in Bradley Beach, New Jersey (zip code 07720), presents a compelling investment opportunity. Currently leased to a chiropractic practice, generating passive income until Spring/Summer 2025, this property offers significant potential for future growth and diversification. The condo is zoned GB, allowing for a variety of uses beyond medical offices, including retail establishments such as grocery stores, pharmacies, personal service businesses, and restaurants. The asking price is $199,999, translating to $443 per square foot. Situated in the heart of Bradley Beach, within Monmouth County, this property benefits from a highly visible Main Street location and easy access to local amenities and transportation. Its versatility, strong rental history, and prime location make it an attractive prospect for investors seeking steady returns or those looking to establish a new business in a thriving coastal community. The property's central location and diverse permitted uses offer a unique blend of stability and future upside potential. This is a rare opportunity to acquire a well-situated commercial property in a desirable New Jersey coastal town.

    Property Features for 2 Main St

    General Information

    Property type
    Medical offices
    Square Feet
    451 SF

    HighLights

    • $199,999 asking price.
    • 451 square foot office condo.
    • Located at 2 Main St, Bradley Beach, NJ 07720.
    • GB zoning.
    • Currently leased, providing passive income until Spring/Summer 2025.
    Property Profile Location Intelligence

    Current Use by Public Records

    Danielle Restivo Physical Therapist Dr. Gia Russo Physical Therapist Dr. Michael Najar Chiropractor Current Rehab is ... Physical Therapist Michelle E. Pires, ... Physical Therapist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bradley Beach
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.0198143
    Latitude
    40.1974936

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    FAQs

    What type of property is this?
    Medical office - Prime Medical/Office Condo, Great Investment
    Where is this medical office located?
    The property is located at 2 Main St Bradley Beach, NJ.
    What is the asking price?
    The asking price for this property is $199,999.
    What are key features of this property?
    This property features: $199,999 asking price.; 451 square foot office condo.; Located at 2 Main St, Bradley Beach, NJ 07720.
    Request Owner's contact information
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    Bradley Beach, NJ 07720
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    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
    2 Main St Bradley Beach, NJ 07720
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