Margate, NJ 08402,7800 Ventnor Ave
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Margate, NJ 08402,7800 Ventnor Ave
Margate, NJ 08402,7800 Ventnor Ave
Margate, NJ 08402,7800 Ventnor Ave
Margate, NJ 08402,7800 Ventnor Ave

$1,800,000

Est. payment /mo

$1,990,000

9.5%
Est.Price: ?

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7800 Ventnor Ave Margate, NJ 08402

SOLD DATE : 01/12/2023

Key Details

Sold Price $1,800,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 564691

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

Interior

Heating Gas-Natural

Exterior

Parking Features 11 or More Spaces, Off Street, Paved

Building

Story 1

Sewer Public Sewer

Water Public

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South Jersey Shore Regional MLS (SJSRMLS)
Listed by RE/MAX PLATINUM PROPERTIES-B

Jason Gareau

Broker

+1(609) 929-4486

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