7,548 SqFt
7,548 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,548 sqft
Price per Sqft $264
Municipality Bradley Beach (BRA)
MLS Listing ID 22522018
Year Built 1932
Annual Tax Amount $11,436
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 55 x 157
Property Sub-Type Commercial
Source MOREMLS (Monmouth Ocean Regional REALTORS®)
Property Description
A Rare Commercial Offering with unlimited potential. Introducing the Bradley Palace Cinema, a premier investment or owner-user opportunity located in the heart of Bradley Beach's thriving Main Street retail corridor. This versatile property is available for SALE or LEASE, with the option to include a separately priced Class C Plenary Retail Consumption (''33'') LIQUOR LICENSE, 1 of only 5 in town. Featuring 55 feet of prominent frontage on Main Street, this property benefits from constant visibility and high pedestrian traffic. The over 7,000 sq ft of interior space is a blank canvas, perfectly suited for retail, restaurant, brewery, gallery, or professional office use. Zoned General Business (GB) including residential possibilities on upper floors. The building was gutted and structurally upgraded in 2019/2020, including installation of a new roof, 400-amp electrical service, upgraded HVAC systems, and various structural enhancements, providing a strong foundation for your business or investment concept. With city-approved plans for a triplex cinema and bar/lounge with 315-seat capacity, the space offers enormous creative potential, whether repurposed as a modern entertainment venue or reimagined into a vibrant dining or retail destination.
Additional development potential exists with permitted building height of up to 40 feet (three stories), opening possibilities for vertical expansion. Located within walking distance to NJ Transit rail and bus stops, and minutes from the beachfront, this property is ideally positioned to serve both local patrons and seasonal visitors.
Location
State NJ
County Monmouth
Area None
Direction Rt 33 E to Rt 71 (Main Street), make right turn to enter Bradley Beach. Building ion left
Rooms
Basement Full
Interior
Heating Oil Above Ground
Cooling Central Air
Flooring Concrete
Exterior
Exterior Feature Display Window
Parking Features Off Street, On Street
Roof Type Shingle,Flat
Private Pool No
Building
Lot Description Level, Highway Frontage, Sidewalks
Sewer Public Sewer
Water Public
Structure Type Display Window
New Construction No
Others
Senior Community No
Tax ID 08-00071-0000-00030
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