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Listed by Jennifer Darby Metzger The Agency Rutherford Realty Inc.
$6,500,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 26000126
Style Retail
Property Sub-Type Retail
Property Description
Rare redevelopment opportunity at the entrance to Long Beach Island. This approximately 1.01 acre site is located in Ship Bottom right over the causeway from Route 72 and just steps from the beach. Frontage and access are excellent, with the property currently occupied by the long standing Surf City Fishery. The site is flat, usable, and includes existing improvements, while the true value lies in the land, location, and long term redevelopment potential. Parcels of this size are extremely uncommon on LBI and offer outstanding flexibility for future planning. Long Beach Island remains one of New Jersey’s most highly sought after coastal destinations, known for its strong demand, limited supply, and long term investment appeal. Surrounded by established commercial and residential uses, the property may be suitable for a variety of redevelopment concepts, subject to zoning and municipal approvals. A significant opportunity for developers and investors in one of the state’s most desirable beach markets. Based on current overlay discussions, the site may support approximately 16 residential units or a mixed use development, subject to township and state approvals. All concepts are unapproved and conceptual only. Buyer must complete independent due diligence. Visit www.902LBB.com for more details.
Location
State NJ
County Ocean
Interior
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