197 Drum Point Rd, Brick, NJ 08723
REDUCED $56,000This versatile property is a rare opportunity to own a commercially zoned Location with Historic charm. Enjoy the Elegance of a Classic Shore Colonial Beautifully preserved and stood the test of time. Zoned and Suitable for Most Professionals and Commercial uses. Ideal for Investors, Professional Services or small Business, Creative Studios or Live / Work Configuration. This Property is filled with History and an Abundance of Character known through the Early Years as the Cranberry House. Rich Original Details Throughout, Hardwood Floors, Beam Ceilings, Large Walk-Up Attic for Storage, Detached Garage with a Workshop attached. Ideal for Hobbies, Studio or Creative Use. Township Zoned as B-2. Owners used as Residential from 1962 to Present. Oversized Parking Lot Room for Expansion Outdoor workspace or Future Development. High Visible Corner Location Close to Beaches, Dining, Retail, and Main Traffic Corridors.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.