197 Princeton Ave - Marinas FOR SALE


Brick, NJ 08724
$7,100,000 USD
732-244-4900
197 Princeton Ave, Brick, NJ for Sale
$7,100,000 USD
Marinas - FOR SALE
1/7
null | Request Cap Rate

197 Princeton Ave
Brick, NJ 08724


OVERVIEW

Northern Ocean County Marina. 200 +/- boat slips on 9+/- acres on the north side of the Metedeconk River, close to Barnegat Bay. There are two travel lifts, 40 ton & 15 ton plus numerous yard equipment. Swimming pool and 13 buildings including approved plans for a two story restaurant. Plans are approved to build eight new buildings after existing old structures are demolished. This would produce 16 income producing units. The new restaurant would be 2.5 stories directly on the water. Family owned and operated for 40+ years. Financials available to qualified buyers.

FOR SALE DETAILS

PRICE

$7,100,000 USD

PRICE/SF

$318 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

197 Princeton Avenue, Brick, New Jersey

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9 AC

LAND SF

392,040 SF

ZONING

R-15

APN/PARCEL ID

07-00871-0000-00008

ASK ABOUT THIS PROPERTY

Mark KotzasCrossroads Realty Inc.More Info
732-244-4900

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Mark KotzasCrossroads Realty Inc.More Info
732-244-4900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.