Description
Wonderful Investment Opportunity on Long Beach Island! Unique Boutique Residential/Commercial Mixed Use property available for sale in Downtown Barnegat Light. With many options for the savvy investor, this property consists of two separate units and was thoughtfully designed by local architect Robert Musgnug. First, there is a 581 sq. ft. ADA Compliant Commercial office space right out front @ 605 Broadway, complete with handicap parking & accessibility. This is a wonderful space for an architect, attorney, mortgage company, or other professional services. The other unit is a reverse living 1,700 plus sq ft immaculately maintained residence featuring 4 bedrooms, 1.5 baths, an open floor plan, and a well appointed kitchen with all top of the line appliances and finishes. The entire property has been meticulously hardscaped and landscaped and comes with a professional irrigation system. Outdoor features include an outdoor shower, covered patio and two pergolas that create a true private outdoor oasis. Not to overlook, this property is a quick walk to beach or bay as well as all shops in the quaint village of BL. This is a fantastic property for the business owner looking for a commercial space and beautiful home that wants to take advantage of the tax benefits that come from owning this type of real estate. Other investment options include: 1. Collect rent on both units 2. Rent out commercial and live in residence 3. Condo the units and sell one off to reduce ownership cost. Make an appointment to see this unique property asap.
-
4BEDS
-
0.14ACRES
-
1BATHS
-
11/2 BATHS
School Ratings & Info
Description
Wonderful Investment Opportunity on Long Beach Island! Unique Boutique Residential/Commercial Mixed Use property available for sale in Downtown Barnegat Light. With many options for the savvy investor, this property consists of two separate units and was thoughtfully designed by local architect Robert Musgnug. First, there is a 581 sq. ft. ADA Compliant Commercial office space right out front @ 605 Broadway, complete with handicap parking & accessibility. This is a wonderful space for an architect, attorney, mortgage company, or other professional services. The other unit is a reverse living 1,700 plus sq ft immaculately maintained residence featuring 4 bedrooms, 1.5 baths, an open floor plan, and a well appointed kitchen with all top of the line appliances and finishes. The entire property has been meticulously hardscaped and landscaped and comes with a professional irrigation system. Outdoor features include an outdoor shower, covered patio and two pergolas that create a true private outdoor oasis. Not to overlook, this property is a quick walk to beach or bay as well as all shops in the quaint village of BL. This is a fantastic property for the business owner looking for a commercial space and beautiful home that wants to take advantage of the tax benefits that come from owning this type of real estate. Other investment options include: 1. Collect rent on both units 2. Rent out commercial and live in residence 3. Condo the units and sell one off to reduce ownership cost. Make an appointment to see this unique property asap.
©2023 Bright MLS, All Rights Reserved. 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Team First State Properties | Compass RE. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-03-21T23:50:49.14.