224 96th Street

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224 96th Street

Stone Harbor, NJ 08247
Business Price
Contact for price
Asset Type
Business Only Business-for-sale
Class
Class B

Financials

Real Estate
Not included
Franchise
No

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Business-only opportunity located at 224 96th Street in Stone Harbor.
  • Operations situated within a popular New Jersey coastal destination.
  • Property sits in a busy area with strong seasonal activity.
  • Ideal location for retail or hospitality ventures in this submarket.
  • Strategic site benefits from high volume of summer tourist traffic.

What's Special

Stone Harbor remains a prominent destination along the New Jersey coastline, known for its seasonal tourism and coastal appeal. This business-only opportunity located at 224 96th Street places an operation in the heart of this active seaside community. The property offers a strategic position for entrepreneurs looking to establish or expand a venture within the local hospitality or retail sector. The area experiences high foot traffic during peak months, supported by a steady influx of visitors drawn to the surrounding beaches and established commercial corridor. Owners can leverage the local market dynamics to capture consistent demand in this dense, vacation-focused submarket. This transaction involves the business operations exclusively, providing an entry point for buyers seeking a foothold in a premier Shore location. Prospective operators should evaluate the site's visibility and accessibility to current residents and vacationers alike.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times