74 Bay Ave Manahawkin, NJ 08050-3174
This unique Manahawkin property, located at 74 E Bay Ave, presents a compelling investment opportunity. Situated minutes from Long Beach Island, this mixed-use building offers significant potential. Currently approved for first-floor commercial space and second-floor residential use, the zoning allows for flexibility and adaptability to suit a variety of business and living arrangements. The buyer has the option to apply for alternative usage permits, depending on their specific needs and vision for the property. The building's precise square footage is not currently specified, however, the property itself sits on a zero-acre lot. The asking price is $349,900, and the sale is strictly cash only. This is a rare chance to acquire a strategically located property in a high-demand area. The property's prime location near Long Beach Island offers exceptional visibility and accessibility, making it ideal for a range of commercial ventures. The residential component adds further value and potential rental income. Interested parties are encouraged to review the accompanying photographs for a comprehensive visual understanding of the property's condition and layout. This is a cash-only purchase, reflecting the immediate investment potential and the desirability of the location. Don't miss this chance to secure a valuable asset in a thriving coastal community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
MU · Manahawkin, NJCosts & 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.