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Property profile & analytics
FOR LEASE
Commercial real estate

312 Main St Allenhurst, NJ 07711

1,176 SF 0.05 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US59-0051573
Property summary
AI-generated overview

This exceptional offering presents a rare opportunity to acquire two contiguous commercial properties situated at 312 and 314-316 Main Street in the desirable Allenhurst, NJ area. The combined properties offer significant potential for a variety of commercial ventures. 312 Main Street, encompassing 1,176 square feet on a 0.05-acre lot, is currently configured as a restaurant. Its prime location on a high-traffic road, surrounded by established businesses, and its proximity to the beach (just a few blocks away) and major roadways (Route 18 & 35 within minutes) makes it exceptionally well-suited for a restaurant, catering business, or a wide range of other commercial uses. The combined sale of these two properties provides a unique opportunity to expand existing operations or create a new commercial enterprise in a thriving coastal community. The strategic location ensures high visibility and accessibility, attracting a substantial customer base. This is a turnkey opportunity for an investor or business owner seeking a well-positioned commercial presence in Allenhurst. The properties are being sold together, presenting a compelling investment package. The combined square footage and lot size offer significant flexibility for development and expansion. Don't miss this chance to own a piece of Allenhurst's vibrant commercial landscape. The asking price for both properties is $999,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction FRAME
Total area 1,176 SF
Lot 0.05 ac (1,978 SF)
Zoning code 8002
APN 02 00014-0000-00014
UPID US59-0051573
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
312 316 Main Street LLC · 1 yrs held
312 316 Main Street LLC
since 2024
4 recorded transactions
2024
$950,000
2017
Price N/A
2005
$375,000
1969
Price N/A
Zoning & alternative use
8002 · Allenhurst, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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