13 Main St
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13 Main St
760 SF 100% Leased Office Building Bradley Beach, NJ 07720 £414,225 (£545/SF)
Executive Summary
A fully rented small office building sits on this Main Street parcel in the south end of Bradley Beach close to the Avon-by-the-Sea border. The property is fully rented with excellent multi-year tenants, but the true value in this property lies in longer term redevelopment. To maximize value, new owner would likely want to build additional square footage on the existing infrastructure or tear down and rebuild on the 48 x 81 lot. Many opportunities are possible with this investment because it is zoned (O-P) "Office-Professional" which allows for mixed use residential (2nd/3rd floors) with offices on 1st floor. Great Downtown location with plenty of street and free municipal lot parking. Steps to downtown Avon, Sylvan Lake and the ocean beaches. Also comes with a turn-key website www . bradleybeachprofessionals . com to help attract and promote tenants.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Development Sale
Property Type
Office
Property Subtype
Office/Residential
Building Size
760 SF
Building Class
C
Year Built
1950
Price
£414,225
Price Per SF
£545
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
760 SF
Building FAR
0.29
Land Acres
0.06 AC
Amenities
- 24 Hour Access
- Commuter Rail
- Signage
- Central Heating
- Natural Light
- Reception
- Wi-Fi
- Air Conditioning
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Walk Score ®
Very Walkable (79)
Bike Score ®
Very Bikeable (81)
PROPERTY TAXES
Parcel Number | 08-00082-0000-00014-01 | Improvements Assessment | £7,890 |
Land Assessment | £230,704 | Total Assessment | £238,594 |
PROPERTY TAXES
Parcel Number
08-00082-0000-00014-01
Land Assessment
£230,704
Improvements Assessment
£7,890
Total Assessment
£238,594
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Presented by
DDP LLC
13 Main St
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