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Commercial property on the corner of Rt 9 111 Lakeside Dr

1,956 SF Light Industrial Building Tuckerton, NJ 08087 £355,425 (£182/SF)

Investment Highlights

  • Heavy traffic
  • Great location
  • Lots of parking

Executive Summary

Prime commercial property located on the corner of Route 9 and Lakeside Drive, in the heart of Tuckerton! This .63-acre lot offers endless possibilities and features ample parking, making it ideal for a variety of business ventures. Conveniently positioned near regional shopping centers, popular restaurants, and just minutes from the beach, this location provides excellent visibility and accessibility. Situated next to Tip Seaman Park, it enjoys a bustling neighborhood atmosphere. The existing building is currently leased as a restaurant, and the property is zoned for commercial use, allowing for a wide range of potential opportunities. Don’t miss this chance to invest in a high-traffic, high-demand location! ***BUSINESS IS NOT FOR SALE OR CLOSING***, sale is Real Estate and Building only. By appointment only, Current lease is Through April 30 2026- Rent is $2251 a month, Starting October it will be $2318 and increases 3% every year until end.

Attachments

Just Listed - Linen - Social Media - Post

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income £1,829 £0.94
Other Income - -
Vacancy Loss - -
Effective Gross Income £1,829 £0.94
Net Operating Income - -

Financial Summary (Actual - 2024)

Gross Rental Income
Annual £1,829
Annual Per SF £0.94
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £1,829
Annual Per SF £0.94
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price £355,425 Lot Size 0.64 AC
Price Per SF £182 Rentable Building Area 1,956 SF
Sale Type Investment Number of Floors 1
Sale Conditions Sale & Leaseback Year Built/Renovated 1958/2022
Property Type Light Industrial Tenancy Single
Property Subtype
Light Distribution
  • General Retail Fast Food
  • General Retail Restaurant
  • General Retail Storefront
 Parking Ratio 10/1,000 SF
Building Class C
Price £355,425
Price Per SF £182
Sale Type Investment
Sale Conditions Sale & Leaseback
Property Type Light Industrial
Property Subtype
Light Distribution
  • General Retail Fast Food
  • General Retail Restaurant
  • General Retail Storefront
Building Class C
Lot Size 0.64 AC
Rentable Building Area 1,956 SF
Number of Floors 1
Year Built/Renovated 1958/2022
Tenancy Single
Parking Ratio 10/1,000 SF

Amenities

  • Restaurant
  • Signage
  • Air Conditioning
  • Smoke Detector

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

Links

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PROPERTY TAXES

Parcel Number 33-00013-0000-00028-05 Improvements Assessment £83,555
Land Assessment £67,065 Total Assessment £150,620

PROPERTY TAXES

Parcel Number
33-00013-0000-00028-05
Land Assessment
£67,065
Improvements Assessment
£83,555
Total Assessment
£150,620

zoning

Zoning Code commercial (Commercial corner lot, on Busy Rt 9)
commercial (Commercial corner lot, on Busy Rt 9)
(609) 867-9240

  • Listing ID: 33203589

  • Date on Market: 17/09/2024

  • Last Updated:

  • Address: 111 Lakeside Dr, Tuckerton, NJ 08087

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© 2024 CoStar Group

Commercial property on the corner of Rt 9 | 111 Lakeside Dr
(609) 867-9240 x

Commercial property on the corner of Rt 9 | 111 Lakeside Dr

Jessica DiFrancia

(609) 867-9240

(609) 867-9240

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