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OFF-MARKET
Retail properties & Spaces

2501 Nj-88 Point Pleasant, NJ 08742

1,200 SF
Property ID
Property summary
AI-generated overview

This thriving Point Pleasant, NJ café presents a fantastic owner-user opportunity. Located at 2501 NJ-88, this Class B retail property boasts 1,200-1,250 square feet within a single building, and includes 12 parking spaces. The property features a double entrance kitchen, a dry basement storage area with a small refrigerator and freezer, and a central AC system in the main dining area. The café is equipped with two Clover computer systems and two handheld ordering and payment devices, enhancing operational efficiency. Outdoor seating accommodates approximately 45 patrons under a canopy, supplemented by ample indoor seating for 25-30 guests. Recent upgrades include a new dishwasher (with a two-year chemical lease), a new hood system, and all equipment is included in the sale. Additional features include two ice makers (one outdoors), three outdoor coolers, website access, and one bathroom. The asking price is $380,000, and owner financing is available. The property is a multi-tenant building with a total of two tenants, operating under a NNN lease. The building was renovated in 2000. This turnkey operation is ready for a new owner to step in and continue its success. The property is situated in Ocean County, NJ, zip code 08742.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,200 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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