Property Attributes
- MLS#4022734
- TypeCommercial
- CountyOCEAN
- CityShip Bottom
- AreaShip Bottom
- Zip08008
- StyleCommercial/Industrial
- Year Built1945
- Taxes5761
- Price$ 789,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3030
Listing Provided Courtesy Of:
RE/MAX At Barnegat Bay - SB
Property Description
Recent & aggressive price reduction make this one of the most compelling commercial opportunities on LBI. Near land value w/ Tremendous income & investment opportunity. A LBI Landmark ready for new owners. The restaurant was remodeled by the team from the Food Networks hit show 'Restaurant Impossible'. They added their flair & expertise to revive this Island mainstay. 80+ interior seats, sizeable kitchen, great equipment, prep area & a decor that screams Welcome Summer Fun! Current operators have produced consistent business for several years keeping successive generations coming back for more. The 2nd floor has a 4br apartment with its own entrance & deck. It can be used for the new owners, a manager or just provide additional income. Whats even more rare on LBI is that this restaurant comes with plenty of off street parking as this sale INCLUDES 2 GREAT LOTs. If you've dreamed of owning your own business & living the Island life look no Further! Includes your own train!This property is well valued for Land, Building all on TWO great Lots. It is completely turnkey & priced to sell! Don't miss this opportunity; call today!
| Elementary School | Middle School | High School |
|---|---|---|
| Unknown Elementary School | Unknown Middle School | Unknown High School |
| Price History | |
|---|---|
| 2/8/2017 | Listed $999,000 |
| 4/13/2017 | 6% - $949,000 |
| 10/12/2017 | 6% - $895,000 |
| 1/9/2018 | 2% - $879,000 |
| 1/27/2018 | 11% - $789,000 |
General Features
| Business Opportunity Yn | Yes |
| Commercial Property Type | Apartment, Business, Commerical |
| Commercial Units | 1 |
| Construction | Concrete, Frame |
| Flood Insurance Required | Yes |
| Improvement | 211300 |
| Includes | Equipment, Fixtures, Goodwill, Inventory, Name, See Remarks |
| Ownership Information | Individual |
| Ownership Type | Fee Simple |
| Primary Location | Bayside |
| Property Type | Commercial/Industrial |
| Residential Units | 1 |
| Special Info | Lead Paint Discl., See Remarks |
| Stories | 2 |
| Utilities | Cable TV, Electric - On Property, Electric - Overhead |
| Zoning | SC |
Interior Features
| Heating And Cooling | Cooling - Central Air |
Exterior Features
| Buildings Total | 1 |
| Lot Description | Fenced Area, Irregular, Level |
| Parking | Lot, Off Street, On Street, Paved |
| Road | Paved |
| Roof | Flat, Membrane |
| Total Parking | 18 |
| Water And Sewer | Public Sewer, Public Water, See Remarks |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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