301 Bay Ave Manahawkin, NJ 08050
- Commercial real estate
- 2,420 SF
- 2.10 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 301 Bay Ave
- Year built
- 1930
- Lot size
- 2.10 lot acres
- Property size
- 2,420 SF
- Property type
- Commercial real estate
Description
This exceptional 2.1-acre commercial property, located at 301 E Bay Avenue in Manahawkin, New Jersey, presents a unique investment opportunity. The 2,420 square foot building currently houses a month-to-month tenant and is offered "as-is." The property boasts a prime commercial location directly adjacent to the Wawa access road off Bay Avenue, ensuring high visibility and accessibility. Its Highway Commercial/Mixed Use zoning allows for a variety of development possibilities, making it ideal for entrepreneurs and investors seeking to capitalize on a thriving location. A significant advantage is the absence of wetlands on the property, with supporting documentation from the Department of Environmental Protection pending. This eliminates potential environmental hurdles and streamlines the development process. The property's strategic location and flexible zoning make it suitable for a wide range of commercial ventures, from retail establishments to professional offices. The existing structure provides immediate income potential while offering the flexibility to renovate or redevelop according to future plans. This is a rare opportunity to acquire a well-situated commercial property in a desirable location with significant upside potential. Serious inquiries are encouraged.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Manahawkin
- County
- Ocean
- State
- New Jersey
- Longitude
- -74.24931
- Latitude
- 39.69075
