Jacqueline Hillgrube - Coldwell Banker Hearthside
9404 Ventnor
Margate, NJ 08402

Description

Beautifully remodeled commercial building with 2 units in the heart of Margate with restaurant on first floor and 3 Bed/ 1.5 Bath apartment rented out yearly on top. Property sits on large lot that has yard and shed in back for additional expansion. The owner has put in over $400k in renovations between both the commercial building and restaurant. The property has three electrical meters for future 3rd unit addition or expansion of shed structure in back. With Mini-Golf course potentially coming next summer and being only a block from the beach, this deal will not last long! Restaurant also available for sale in a potential combo sale, which has a grandfathered ice cream mercantile license that is not being currently implemented.

Details

MLS#497493
StyleIndustrial
Sub-TypeResale
StatusActive
Year1920
Days On Site270

Features

Story(s)2
Units2
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Area Information

StateNJ
CountyAtlantic
CityMargate
Zip Code08402
AreaMargate City
Listing VS Median (in 08402)
Price:
$739,900
low | high
Med:
$379,000
98.776861738073% of Average
On Site:
270
low | high
Med:
61
100% of Average
Listing Updated: 08/19/2018
MLS Number: 497493
Listing Provided By:
FLAMUR RAMA  of  KELLER WILLIAMS REALTY ATLANTIC SHORE