35 Pilgrim Pathway

ocean grove, NJ 07756

$1,049,000

  • sold

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Mixed use building on an oversized prime corner lot (60.25' x 66.67') in Ocean Grove's Historic District Mixed Use Zone (HD-B-1). The property is located across the street from Auditorium Square Park & The Great Auditorium and just three blocks to the beach & oceanfront boardwalk. The first floor commercial office space is appx 2,260 square feet and currently rented for $2,941.09/month. Tenant will vacate prior to closing, requiring sixty (60) days from the Contract date. The second floor houses a renovated 3 bedroom, 1 bathroom residential apartment, which is appx 1322 square feet, rented for $2,750/month with an increase to $2,887.50 effective 1/1/24. Sale is subject to the second floor lease, which expires 12/31/24. Building has an outside courtyard and driveway that parks 2-3 cars.

Details

3,582 Sq Ft

3,920.4 Sq Ft Exterior Space

Commercial

$13,455 Annual Tax

Built in 1936

MLS/Listing ID 22306290

2 Stories

2 Units

Listing Courtesy of WARD WIGHT SOTHEBY'S INTERNATIONAL REALTY, JACOB SMITH - 732-449-3322

MOMLS

Source of Data: MONMOUTH OCEAN REGIONAL MULTIPLE LISTING SERVICE

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