419421 Bayside Terrace
Seaside Heights, NJ 08751
2.00 acres | #22311996
Description
Fully Functioning Marina, Restaurant, Boat/Jet Ski, rentals. Incl boat service & winter storage., plus retail and residential rentals. Over 61,000 sq ft of possibilities. 2 residential & 4 Commercial rentals plus boat slips on site that total +/-$274,000.00 in annual rents to new investor. Could be Huge Double Digit Cap Rate to absentee owner. If an investor wanted to run the restaurant, boat service, boat/jet ski rentals the income could be over way over rents. Great location for new boat sales or to be developed as Waterfront Living. Only site like it in the Northeast w this strong income stream & additional income development possibilities. Conveniently Located off Pky Exit 82, 1 hr from NYC, Philly & AC. Southern Exposure in the pristine protected cove. Contact Lister for more info.
Location
Legal
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Last Updated: . Source: MONMOUTH
Listing Courtesy
Listing Agent: Michael Loundy (#17884)
Listing Office: Seaside Heights Realty Inc. (#1562)
