Property Details
Price :
Square Feet :
Cap Rate :
$3,458,000
15,200
N/A
NOI :
Acres :
N/A
0.34
Property Type :
Property Status :
Retail
Under Agreement
Investment Highlights
- Vacant +/- 15,200 SF Retail Property on Main Street in Belmar, Monmouth County, New Jersey
- Ideal Redevelopment or Owner/User Opportunity
- 60 Feet on Frontage on Main – Located at Signalized Intersection of Main and 9th Ave – Over 20,000 Vehicles Per Day – Primary Commercial Corridor in Belmar
- Located in Redevelopment Zone
- 4 Minute Walk to NJ Transit - 4 Blocks From the Beach and Boardwalk
- Former Walgreens Operating Here Since 2019, Location Had Been a Pharmacy Since the 90s
- Belmar Is Currently Undergoing a Significant Redevelopment Cycle, with Multiple Large-Scale Developments - Recent Approvals for Over 400 Residential Units Nearby, Including Russo’s “Vermella”, 198 Luxury Units With Expected Delivery 2027
- Over 115,000 People With An Average Household Income of Over $140,000 Within a 5 Mile Radius of the Subject Property
Street View
Listing Contacts
