Nathan Colmer | Van Dyk Group
C: 609.290.4293 | O: 609.492.1511
Read about commercial real estate, Long Beach Island, and the LBI real estate market. Commercial real estate on Long Beach Island accounts for a very small portion of the LBI real estate market however the transactions can be some of the most profitable around. There are well established business to take over and start making money right away as well as empty spaces to start a new business or open a second location on Long Beach Island.
There are three major types of commercial property on Long Beach Island. They are:
Commercial real estate represents the least active area of the LBI NJ real estate market however properties do sell and rent if they are priced correctly!
When looking to open a business on Long Beach Island the first thing you will need is a location! On Long Beach Island there are two options:
Buy a commercial space
Rent a commercial space
Commercial financing is very difficult to obtain, especially if you do not have prior experience in owning or running a business. In many cases, it is better to find an alternative source of funding such as a home equity loan or a personal loan. Better still is to rent a space for a year or two to build up experience and test the business concept.
For most, commercial real estate is an investment pure and simple so the price must be worthwhile to undertake the business venture. Many businesses on Long Beach Island are highly profitable, but the majority of business is conducted in the summer months so it is important to make sure the location, concept and execution are correct to take advantage of the short summer season.