$2,625,000
●
House -
In Contract
1403 N LONG BEACH BLVD
SURF CITY, NJ 08008
3 Beds
4 Baths,
1
Half Bath
3490 Sqft
$12,890
Estimated Monthly
$0
HOA / Fees
About This Property
Excellent Investment Property- BUSINESS AND NAME NOT FOR SALE-
BUSINESS IS RELOCATING
This 3490 sq ft building sits on a 8500 sq ft lot which is 2 85x50 separate
lots (Lots 11 and 12) of Block 36.
Multiple possibilities for this location:
Run your business in the remodeled 1745 sq ft-79 seat
restaurant/dining room which has been updated in 2023 with new
electric, plumbing, flooring, tile, bathrooms, paint and kitchen
upgrades (equipment etc.). Building has an approved take out
window, great outside garden seating for 24 people all while you
live upstairs in a full remodeled fully furnished private 1745 sq ft
3-bedroom, 3 full bathroom apartment.
Run your food service business and rent the apartment
seasonally/off season and generate between $60-$80k per year.
Live upstairs and lease the restaurant.
Develop the land into 2 single family homes that have the ability
to be built with lower-level living and 2800(+-) sq ft homes. Sell
both or sell one and use the other for your personal home or
seasonal rental.
Property has recent phase 1 inspection, survey and elevation certificate
that was completed less than a year ago.
Sale has some excluded kitchen equipment (refrigeration, display,
coffee equipment and freezers etc.)
BUSINESS IS RELOCATING
This 3490 sq ft building sits on a 8500 sq ft lot which is 2 85x50 separate
lots (Lots 11 and 12) of Block 36.
Multiple possibilities for this location:
Run your business in the remodeled 1745 sq ft-79 seat
restaurant/dining room which has been updated in 2023 with new
electric, plumbing, flooring, tile, bathrooms, paint and kitchen
upgrades (equipment etc.). Building has an approved take out
window, great outside garden seating for 24 people all while you
live upstairs in a full remodeled fully furnished private 1745 sq ft
3-bedroom, 3 full bathroom apartment.
Run your food service business and rent the apartment
seasonally/off season and generate between $60-$80k per year.
Live upstairs and lease the restaurant.
Develop the land into 2 single family homes that have the ability
to be built with lower-level living and 2800(+-) sq ft homes. Sell
both or sell one and use the other for your personal home or
seasonal rental.
Property has recent phase 1 inspection, survey and elevation certificate
that was completed less than a year ago.
Sale has some excluded kitchen equipment (refrigeration, display,
coffee equipment and freezers etc.)
Unit Size
3,490Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$752
Property Type
House
Property Taxes
$750
HOA Dues
-
Year Built
-
Listed By
Last updated: 4 months ago (Bright MLS #NJOC2022166)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 10, 2024 | In contract | - | |
In contract | |||
Oct 28, 2023 | Listed by Haines Realty, LLC | $2,625,000 | |
Listed by Haines Realty, LLC | |||
|
|||
Excellent Investment Property- BUSINESS AND NAME NOT FOR SALE-
BUSINESS IS RELOCATING This 3490 sq ft building sits on a 8500 sq
ft lot which is 2 85x50 separate lots (Lots 11 and 12) of Block 36.
Multiple possibilities for this location: Run your business in the
remodeled 1745 sq ft-79 seat restaurant/dining room which has been
updated in 2023 with new electric, plumbing, flooring, tile,
bathrooms, paint and kitchen upgrades (equipment etc.). Building
has an approved take out window…
|
|||
Jan 5, 2023 | No longer available | - | |
No longer available | |||
Dec 19, 2022 | Listed by LBI/Manahawkin Realty LLC/ Keller Williams Realty- Preferred Properties | $2,100,000 | |
Listed by LBI/Manahawkin Realty LLC/ Keller Williams Realty- Preferred Properties | |||
|
|||
Attention investors - builders! Prime commercial/residential
property in the heart of Surf City. This 100X85' lot is actually 2
separate lots with a 2-story mixed-use building. Current use is as
a thriving seasonal cafe with indoor and outdoor seating known for
its unique dishes and eclectic decor. The large 3 bedroom, 3 bath
apartment overtop provides the opportunity to live where you work
or rent out for added income.. Major renovations were done on both
levels between 2016-2018. . Take…
|
Property Highlights
Air Conditioning
Parking Details
Parking Features: Driveway, On Street
Interior Details
Bedroom Information
Bedrooms on 1st Upper Level: 3
Bathroom Information
Full Bathrooms on 1st Upper Level: 3
Interior Information
Living Area Square Feet Source: Estimated
Exterior Details
Property Information
Ownership Interest: Fee Simple
Property Condition: Excellent
Year Built Source: Estimated
Building Information
Foundation Details: Block
Other Structures: Above Grade
Structure Type: Detached
Construction Materials: Frame
Pool Information
No Pool
Lot Information
Tidal Water: N
Lot Size Dimensions: 100.00 x 85.00
Lot Size Source: Estimated
Land Information
Land Assessed Value: $918,500
Above Grade Information
Finished Square Feet: 3490
Finished Square Feet Source: Estimated
Financial Details
County Tax: $0
County Tax Payment Frequency: Annually
City Town Tax: $0
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $918,500
Tax Year: 2022
Tax Annual Amount: $9,001
Year Assessed: 2022
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: 90% Forced Air
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
House
4
Beds
4
Baths
2,304 ft²
$954/ft²
$2,199,000
Apr 10, 2021
$2,199,000
Jun 11, 2021
-
Sold
House
5
Beds
5
Baths
2,878 ft²
$903/ft²
$2,599,000
Nov 1, 2022
$2,599,000
Dec 17, 2022
-
Sold
House
5
Beds
4
Baths
2,333 ft²
$1,029/ft²
$2,400,000
Aug 3, 2023
$2,400,000
Oct 16, 2023
-
In Contract
House
4
Beds
4
Baths
2,800 ft²
$821/ft²
$2,299,000
Aug 18, 2023
-
-