11 Front Street

Description

*WATERVIEW OPPORTUNITY* Prime opportunity to acquire a mixed-use investment property in the heart of Keyport, located within Monmouth County's increasingly scarce waterfront corridor. The property consists of a street-level retail space on the first floor and two expansive, whole-floor 4/5 bedroom apartments on the second and third floors. Each unit enjoys water views, creating strong long-term tenant appeal across both residential and commercial uses. The building offers solid existing income potential with meaningful value-add and redevelopment upside, including the possibility to expand or reconfigure the structure and increase unit count, subject to zoning and township approvals. Zoned GC (General Commercial), the property allows for flexible mixed-use strategies in a market where waterfront assets are increasingly limited. Situated in a bustling, walkable community along the Monmouth County shorefront, the location benefits from continued regional growth, renewed investment activity, and expanding demand driven by major nearby developmentmost notably Netflix's expanding presence in Monmouth County. This convergence of infrastructure investment, employment growth, and limited waterfront inventory positions the property as a compelling long-term hold or redevelopment opportunity. A rare chance to secure a waterfront-adjacent mixed-use asset with scale, flexibility, and growth written all over it in one of Monmouth County's most supply-constrained markets.