Price$1,495,000
Price/SqFt$634.55
StatusACTIVE
SqFt
2,356
Acres
0.140
CountyOcean
SubdivisionBARNEGAT LIGHT
Year Built2003
Property TypeCommercial Sale
Property Sub TypeMixed Use
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.