For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $65,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $59
Subdivision None Available
MLS Listing ID NJAC2014700
Sold Date 10/31/24
Originating Board BRIGHT
Year Built 1922
Annual Tax Amount $14,254
Tax Year 2023
Lot Size 3,302 Sqft
Acres 0.08
Lot Dimensions 30.00 x 110.00
Property Description
Restaurant Business for Sale with lease assignment. Prime Location Near the Beach
Are you looking to invest in a thriving coastal restaurant business? OceanCrat Seafood Boil offers an exceptional opportunity to own a well-established seafood restaurant just two blocks from the beach.
Benefit from the high foot traffic and seasonal tourism associated with a beachside location.
Lease Assignment: Acquire the existing lease, providing a solid foundation for your business.
Summer Season Operation: The restaurant is currently open during the summer season, offering a proven customer base. All-Year-Round Potential: Expand your business operations to capitalize on year-round demand and increase revenue. Negotiable Lease: The landlord is open to discussing a new lease agreement, providing flexibility for your business plans. Investment Opportunity: Gross Lease: Current lease amount is $5,500. Qualified Buyers: All potential buyers must submit proof of funds (POF), have excellent credit, and demonstrate relevant experience in the restaurant industry. Don't miss out on this exciting opportunity to own a successful seafood restaurant in a prime coastal location. Contact us today to schedule a viewing and learn more about this investment.
Location
State NJ
County Atlantic
Area Ventnor City (20122)
Zoning C
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Flooring Ceramic Tile
Heat Source Electric, Natural Gas
Exterior
Water Access N
Accessibility 36\"+ wide Halls
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Ventnor City Schools
Others
Tax ID 22-00071-00017
Ownership Leasehold
SqFt Source Assessor
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Third Party Approval
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
Bought with Paul P Cheng • Keller Williams Realty - Cherry Hill