Commercial > Industrial
Active
3 weeks ago
List Price
$1,150,000
705 New York Ave
Somers Point, NJ 08244
- -Bed
- -Bath
- 2,800ft²Living Area
- 0.3acLot Size
- -Pool
- -Car
- 1979Year Built
- 26DOM
- -Permit
705 New York Ave, Somers Point, NJ 08244 is a 2,800 ft² commercial industrial property property built in 1979 on a 0.258 acre lot. This commercial industrial property is currently for sale for $1,150,000.
MLS Description
The listing agent's description. Original Listing
Discover a rare opportunity to own a thriving craft brewery in Somers Point, just minutes from Ocean City. This turnkey business is strategically located with prime exposure from Route 9 and easy access off the Garden State Parkway Northbound & Southbound exits (less than one mile from both), ensuring high visibility and convenient accessibility for locals and tourists alike. Just off the popular Somers Point bike path and right across Ocean City's bustling 9th Street bridge, the brewery benefits from increased foot and bike traffic, making it a local favorite and a destination for visitors exploring the area. The sale includes the business, brand, real estate, and all equipment and furnishings, making it a seamless transition for the next owner. The spacious 2,800 sqft building is thoughtfully designed, featuring a custom concrete bar with a 12-tap system, two public restrooms, a state-of-the-art brewing system, a large cold box, a specialized grain room and separate office. The tasting room is furnished and offers indoor seating for 30+ guests, while the expansive outdoor patio provides additional seating, perfect for seasonal events and gatherings. The property includes 10 off-street parking spaces, a dual-zone HVAC system, and an owned solar panel system that offers up to eight years of SREC credits, ensuring energy efficiency and cost savings. The brewery’s main revenue stream comes from its popular tap room, with significant upside potential for additional revenue streams and value-added opportunities. Whether you’re a seasoned brewer or an entrepreneur looking to break into the industry, this turnkey brewery presents a prime opportunity to own a well-established, profitable, sustainable business in a growing market. Visit OCNJHomes.com to schedule your tour today!
Listing Agents
The listing agent for 705 New York Ave is PATRICK DAVISH.
PD
PATRICK DAVISH
Keller Williams Realty Jersey Shore-Ocean City
License: 1008911
Phone: (609) 399-5454
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$9,681.30From latest Total Assessed Value3.47%Total Assessed Value$279,000=Land+
Assessed Value$112,500Additions
Assessed Value$166,500
In 2023, taxes billed for 705 New York Ave were $9,681.3, which is 3.47% from latest Total Assessed Value of $279,000.
Property History
705 New York Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 705 New York Ave
Hazard Risks
Hurricane163Carb Mono149Air Pollution115Ozone112Nat'l Avg100Weather100Particulates98Lead95Wind90Earthquake42Hail42Tornado35
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 705 New York Ave.
Walkability Index
16 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
705 New York Ave has a walkability score of 16 out of 20, which means that it is in a very walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
27°F
High
43°F
Summer
Average
Low
65°F
High
81°F
In the winter at 705 New York Ave, temperatures range from 27.43°F to 43.47°F with an average of 35.45°F. In the summer, the temperature ranges from 64.75°F to 81.02°F with and average of 72.89°F.
School Information
Public/private schools serving 705 New York Ave
Public Schools
Mainland Regional High School
Grades: 9-12
2.38 mi
C
Jordan Road Middle School
Grades: 4-8
0.20 mi
C-
Dawes Avenue Elementary School
Grades: KG-3
0.86 mi
D
New York Avenue School
Grades: PK-PK
0.40 mi
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 705 New York Ave have ratings undefined, undefined, undefined, and undefined.
Neighborhood
This property is located in Somers Point, Somers Point, NJ 08244.
Seasonal Housing units 08244
68%of housing is for seasonal rent.
Daytime Population for 08244
+27%of people during work hours.
Crime Index for 08244
116
116
The crime index in 08244 is 116, which is 1.2 times higher than national average.
Market Trends
Historical market data near 705 New York Ave over selected time period.
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