{"id":17620,"date":"2025-06-17T14:31:06","date_gmt":"2025-06-17T18:31:06","guid":{"rendered":"https:\/\/shorebeat.com\/lavallette-seaside\/?p=17620"},"modified":"2025-06-17T14:31:06","modified_gmt":"2025-06-17T18:31:06","slug":"lavallette-rite-aid-to-close-prompting-officials-to-consider-downtown-future","status":"publish","type":"post","link":"https:\/\/shorebeat.com\/lavallette-seaside\/2025\/06\/lavallette-rite-aid-to-close-prompting-officials-to-consider-downtown-future\/","title":{"rendered":"Lavallette Rite-Aid to Close, Prompting Officials to Consider Downtown Future"},"content":{"rendered":"
\"The<\/a>

The Rite-Aid store in Lavallette, N.J., June 2025. (Credit: LoopNet)<\/p><\/div>\n

The Rite-Aid store on Grand Central Avenue (Route 35 North) in Lavallette is one of the largest buildings in town, prompting officials to consider how to deal with such a large empty structure after learning the pharmacy chain will close the store in the near future.<\/p>\n

Built on a 100-by-100 foot lot, the building measures 8,272 feet in area and is located at 702 Grand Central Avenue. According to county tax records, it is owned outright by Rite-Aid, however it is currently for sale for approximately $3 million. The exact asking price was not published by the brokerage firm handling the sale.<\/p>\n

While Lavallette officials have no control over who buys the building, there is an open question as to what type of business would move in to such a large building in what is otherwise a small downtown area. More realistically, the building would likely be divided so multiple businesses could operate, however the borough\u2019s zoning code may preclude such a plan, depending on how it is proposed. This question has led officials to begin considering how to manage the situation.<\/p>\n

\u201cWe\u2019re open to suggestions,\u201d said Mayor Walter LaCicero. \u201cWe may have to adjust our ordinances in order to fit additional tenants into that space.\u201d<\/p>\n

\"The<\/a>

The Rite-Aid store in Lavallette, N.J., June 2025. (Credit: LoopNet)<\/p><\/div>\n

A marketing deck for the building provided by its broker lists several categories of businesses that might be interested in purchasing the building, including a \u201cvariety store, department store, bikes and sporting goods, pharmacy, card and gift store, home improvement store, hardware store, seasonal goods, health club, or other retail use.\u201d<\/p>\n

According to county tax records, the building is assessed at $1,650,300, and last year paid $15,611 in property taxes. The deed was last issued for the property in 2003.<\/p>\n

Rite-Aid has announced the closure of stores across the country, with the actual closures estimated to occur in \u201cmid-2025.\u201d The company has not announced specific closing dates for individual stores. LaCicero, at a borough council meeting Monday night, said Rite-Aid will be selling and transferring its existing prescriptions to other local pharmacies, though the company has yet to announce those locations. With the closure of Rite-Aid, local residents will be left with just two options on the island: the Acme supermarket pharmacy in Ortley Beach and the CVS store in Seaside Heights.<\/p>\n

<\/div><\/div>","protected":false},"excerpt":{"rendered":"

The Rite-Aid store on Grand Central Avenue (Route 35 North) in Lavallette is one of the largest buildings in town, prompting officials to consider how to deal with such a large empty structure after learning the pharmacy chain will close the store in the near future. Built on a 100-by-100 foot lot, the building measures […]<\/p>\n","protected":false},"author":1,"featured_media":17623,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[3,2],"tags":[1959,771,311,29,2917],"class_list":["post-17620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lavallette-government","category-lavallette","tag-featured","tag-grand-central-avenue","tag-lavallette-business-district","tag-lavallette-nj-news","tag-rite-aid"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/shorebeat.com\/lavallette-seaside\/wp-content\/uploads\/2025\/06\/riteaid-1.jpeg","jetpack_shortlink":"https:\/\/wp.me\/pgsn9q-4Ac","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/shorebeat.com\/lavallette-seaside\/wp-json\/wp\/v2\/posts\/17620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shorebeat.com\/lavallette-seaside\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shorebeat.com\/lavallette-seaside\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shorebeat.com\/lavallette-seaside\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/shorebeat.com\/lavallette-seaside\/wp-json\/wp\/v2\/comments?post=17620"}],"version-history":[{"count":1,"href":"https:\/\/shorebeat.com\/lavallette-seaside\/wp-json\/wp\/v2\/posts\/17620\/revisions"}],"predecessor-version":[{"id":17624,"href":"https:\/\/shorebeat.com\/lavallette-seaside\/wp-json\/wp\/v2\/posts\/17620\/revisions\/17624"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/shorebeat.com\/lavallette-seaside\/wp-json\/wp\/v2\/media\/17623"}],"wp:attachment":[{"href":"https:\/\/shorebeat.com\/lavallette-seaside\/wp-json\/wp\/v2\/media?parent=17620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shorebeat.com\/lavallette-seaside\/wp-json\/wp\/v2\/categories?post=17620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shorebeat.com\/lavallette-seaside\/wp-json\/wp\/v2\/tags?post=17620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}