35 Hwy Keyport, NJ 07735
- Commercial real estate
- 1,560 SF
- 4.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 35 Hwy
- Year built
- 1985
- Lot size
- 4.00 lot acres
- Property size
- 1,560 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 35 Highway in Keyport, NJ, presents a unique investment opportunity. Spanning over six acres of prime waterfront land, this property boasts direct access to Keyport Bay and the historic Matawan Creek, offering unparalleled riparian rights. The centerpiece is a well-established marina featuring over sixty boat slips, providing significant recurring revenue potential. A substantial building, exceeding 1,560 square feet, is included and is currently configured for storage, maintenance, or retail use, offering flexibility for a variety of business ventures. The property's strategic location on Highway 35 ensures high visibility and convenient access. Significant expansion opportunities exist, allowing for the addition of more boat slips, a launching dock, and other complementary marine-related businesses. The substantial acreage and prime waterfront location make this property ideal for a variety of commercial uses, offering both immediate income and significant long-term growth potential. The asking price is $8,500,000. This is a rare chance to acquire a thriving waterfront business with considerable room for expansion in a desirable New Jersey location. The property's size and location offer a unique blend of established income and future development possibilities. Don't miss this exceptional opportunity to own a piece of Keyport's vibrant waterfront.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Keyport
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.1992
- Latitude
- 40.4374