Property summary
Commercial mixed-use property located in Spray Beach, Long Beach Township, NJ, on a 0.29-acre lot. The site is zoned for both commercial and residential use and is configured as a multi-unit property consisting of Unit 1 (Spray Beach Bagel & Grill), Unit 2 (residential apartment), and Unit 3 (a Cape Cod home), with the overall property in a high-traffic corner location and providing off-street parking. Unit 1 includes the commercial space and is equipped with a large prep kitchen and an approximately 800-square-foot walk-in refrigeration box; the setup includes outdoor seating for the business and a private backyard for the associated house rental, and previously operated as a breakfast and lunch food service with catering components and potential for evening service use. Unit 2 is an approximately 800-square-foot, 1-bedroom, 1-bath apartment located above the shop, featuring an open floor plan, cathedral ceilings, and abundant natural light. Unit 3 is an approximately 2,200-square-foot, 4-bedroom, 2.5-bath Cape Cod home with a spacious floor plan, a gourmet kitchen with granite countertops and stainless appliances, hardwood floors, air conditioning, and hot-water baseboard heat, along with an oversized fenced backyard and an outdoor shower. The property is within walking distance of the beach, bay, and local Spray Beach/Beach Haven attractions.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store Bakery
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
C · Long Beach Township, NJZoning
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Zoning designation
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