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428 Main St
Asbury Park, NJ 07712

Retail Property For Sale

Investment Highlights

  • Heavy daytime street traffic.

Executive Summary

Magnificent opportunity to purchase a great building located int he Central Business District of Asbury Park. Hight traffic corner with great visibility. Bring your business here if you need a home or need to expand. Very successful existing hardware business has been at this location for over 40 years. Business could be for sale as well to qualified purchaser. Second floor which is approximately 3,534 SF is vacant and ready for development. Many uses on the second floor such as residential, office, service, medical etc. or can be combined with the first floor to expand. Blueprints for expansion available. Many options here.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,062 SF
Building Class
C
Year Built
1980
Price
£1,422,233
Price Per SF
£201
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
2.02
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
C-0 - Central Business District. Urban Enterprise Zone. Downtown Redevelopment District, Opportunity Zone. Commercial mixed-use, residential, office.
Frontage
38 ft on Main St

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-02506-0000-00010
Land Assessment
£441,407
Improvements Assessment
£472,229
Total Assessment
£913,636
  • Listing ID: 33535565

  • Date on Market: 16/10/2024

  • Last Updated:

  • Address: 428 Main St, Asbury Park, NJ 07712

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