560 Hwy 35 N, Mantoloking, NJ

$2,350,000

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5

Beds

4

Baths

4,302

Square feet

0.22

Acres

About 560 Hwy 35 N

Attention investors: $200,000 plus annual Inherent rental income capacity. Rare beach block opportunity with prime visibility! Mixed-use non-conforming property (R-5). includes 3 storefronts and 2 second floor apartments in a prime location. Possibilities of commercial use are endless! The property is free and clear with no current leases. Storefronts were formerly a restaurant with indoor/outdoor seating area, ice cream shop & business office. The 2nd floor offers two apartments offering 3 bedrooms/ 1 bath & 2 bedrooms/ 1 bath. Property did not flood during Sandy and has no known history. Clean 17 year insurance record with current owner. This highly-sought after location is approved for a single family home as well. Property has 7 parking spaces.

Features of 560 Hwy 35 N

MLS® # 2301620R
Price $2,350,000
Bedrooms 5
Bathrooms 4.00
Full Baths 3
Half Baths 2
Square Footage 4,302
Acres 0.22
Type Residential
Sub-Type Single Family Residence
Style Other
Status Under Contract

Community Information

Address 560 Hwy 35 N
Subdivision Normandy Beach
City Mantoloking
County Ocean
State NJ
Zip Code 08738

Amenities

Utilities Electricity Connected, Natural Gas Connected
Parking Paver Blocks
Is Waterfront No
Has Pool No

Interior

Interior Features Other Room(s), Kitchen, 5 (+) Bedrooms, Attic
Appliances Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Washer, Gas Water Heater
Heating Baseboard Hotwater, Hot Water
Cooling Central Air, Window Unit(s)
Fireplace No
# of Stories 2
Has Basement Yes
Basement Crawl Space, Dirt Floor

Exterior

Lot Description Corner Lot
Roof Asphalt

Additional Information

Days on Market 64
Zoning R5

Listing Details

OfficeSALT AND CEDAR PROPERTIES, LLC

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