Source:
Monmouth Ocean Regional Multiple Listing Service
MLS#22630357
About the Property
A rare opportunity on Drum Point Road in Brick Township! This village zoned property is situated on an oversized 140 x 163 lot, or just over half an acre. This unique property offers tremendous potential for an investor, builder, business owner, or buyer looking to capitalize on a large parcel in a highly visible location. The property includes an existing approximately 1,204-square-foot dwelling,
A rare opportunity on Drum Point Road in Brick Township! This village zoned property is situated on an oversized 140 x 163 lot, or just over half an acre. This unique property offers tremendous potential for an investor, builder, business owner, or buyer looking to capitalize on a large parcel in a highly visible location. The property includes an existing approximately 1,204-square-foot dwelling, giving a future owner the option to renovate the existing dwelling or explore redevelopment of the property. A transportation business was previously operated from the dwelling, while portions of the expansive lot were also utilized to generate income through commercial vehicle parking. With significant open space, existing paved areas, multiple structures, a vinyl fence, and frontage along Drum Point Road, the property offers a wide range of possibilities. The Village Zone regulations provided with the property allow a variety of potential uses, including residential, professional office, retail, restaurant, personal service, trades, certain transportation-related uses, and residential units in conjunction with permitted nonresidential uses. The regulations also reference a 7,500-square-foot minimum lot size and 50-foot minimum lot width, making the property’s overall size especially noteworthy when evaluating potential future development. For buyers with a vision, the property may present opportunities for subdivision, new construction, residential development, business use, or a potential mixed-use concept, subject to Brick Township zoning, approvals, variances, and all applicable requirements. Renovate it, rebuild it, explore subdivision, or investigate a completely new use for the site. Properties offering this combination of lot size, visibility, existing improvements, and redevelopment potential are difficult to find in Brick. Bring your ideas and explore everything 239 Drum Point Road may have to offer.