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126 Main Street

Manasquan, NJ 08736
  • $1,850,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 22229917
UPDATED: 54 min ago
$1,850,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,250
    SQFT
  • $352
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1917
County:

School Ratings & Info

Description

Lighting business not included in sale. Excellent location for possible future development of business zone for apartments/condos on top of retail space. Currently triple net lease. Owner just pays liability insurance, tenant pays everything else. Tenant has final rights of refusal. 2.5 years lease remaining w/ possible extension of five years. $79,380/year or $6,615/mos Rent w/ ~$300/mos increases each year. Financials will be released to qualified buyers.

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© 2022 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Michael Tumminelli & Associates | RE/MAX New Beginnings. Data last updated 2022-10-04T17:21:32.18.
www.myagentattheshore.com/homes/133304162
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126 Main Street Manasquan, NJ 08736

  • Price: $1,850,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 54 min ago
  • MLS #: 22229917
0
Beds
0
Baths
0
½ Baths
0.15
Acres
5,250
SQFT
$352
$/SQFT
1917
Built
Neighborhood:
Manasquan (MAQ)
County:
Monmouth
Area:
Manasquan (MAQ)
Property Description
Lighting business not included in sale. Excellent location for possible future development of business zone for apartments/condos on top of retail space. Currently triple net lease. Owner just pays liability insurance, tenant pays everything else. Tenant has final rights of refusal. 2.5 years lease remaining w/ possible extension of five years. $79,380/year or $6,615/mos Rent w/ ~$300/mos increases each year. Financials will be released to qualified buyers.
Exterior Features

Garage Yes Lot Dimensions 60'X105' Parking Driveway On Site

Interior Features

Heat Fuel See Remarks Rental Units 1 Water Heater Natural GasOther - See Remarks

Property Features

Assessment Land 312000.00 Assessment Status To Be Assessed Assessment Total 790700.00 Business Name Manasquan Lighting Business Operating Yes Commercial Type Commercial Documents Available Aerial PhotoLeaseSurvey Electric1 Other - See Remarks Excluded Business Is Not Included In Sale Nor Any Ffe Franchise No Gas On Site Handicap Access Yes Improvements Assessment 478700.00 Landlord Pays NoneOther - See Remarks Lease No New Construction No Sale Yes Sewer Public Sewer Tax Year 2021 Taxes 13023.00 Use Retail Water Public Water

Listing information © 2022 Monmouth-Ocean MLS. Listing provided courtesy of Michael Parziale of Jack Green Realty: (732) 449-1555.


© 2022 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Michael Tumminelli & Associates | RE/MAX New Beginnings. Data last updated 2022-10-04T17:21:32.18.
 
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Michael Tumminelli & Associates | RE/MAX New Beginnings
509 Main Street
Toms River NJ, 08753