For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,800,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 564691
Sold Date 01/12/23
Style Commercial,Office Building,Off./Prof. Condo,Retail,Restaurant,Restaurant & Bar,Other (See Remarks)
Annual Tax Amount $13,629
Tax Year 2021
Property Description
AN OFFER HAS BEEN ACCEPTED. BACK UP OFFERS ONLY. A great opportunity for Developers or Restaurant Business opportunity in the heart of Margate's Fabulous Business District. Excellent location within walking distance to Margate shopping, salons and the beach. Property currently consists of a vacant one-story 4,000 sf restaurant building with adjoining parking lot for 11+ cars. Parking lot access is from Ventnor Ave. There are (3) additional parking spaces on S Douglas Ave side. Entire parcel is 8,840sf. 104' frontage on S Douglas Ave and 85' frontage on Ventnor Ave. A great location for new homes / townhomes w/ garages, condo's over retail, full retail or another fabulous restaurant. Don't miss this one, it's a great catch!
Location
State NJ
County Atlantic
Community Margate
Area Margate City
Location Details Business District,Corner
Interior
Heating Gas-Natural
Exterior
Parking Features 11 or More Spaces, Off Street, Paved
Building
Story 1
Sewer Public Sewer
Water Public
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP