$1,900,000
$2,350,000
19.1%For more information regarding the value of a property, please contact us for a free consultation.
3,049 Sqft Lot
SOLD DATE : 11/21/2024
Key Details
Sold Price $1,900,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 584618
Sold Date 11/21/24
Style Retail,Other (See Remarks)
Year Built 1950
Annual Tax Amount $8,702
Tax Year 2023
Lot Size 3,049 Sqft
Property Description
Margate opportunity on large south side corner only one block to the beach and steps to Longport for income potential or for development! Features a double storefront on the first level facing directly along Ventnor Avenue and a lovely residential renovated 3 bedroom condominium on the second level to use for yourself or rent out for income! PLUS generous deeded off-street parking for multiple cars. There is approx 75 feet along south Madison Avenue. The interior store has been totally renovated from its studs boasting wide plank flooring, custom lighting, beautiful accents! This is a unique opportunity for any buyer….the one who wants max exposure to the north just a block away from bustle of the Margate business district or the one who wants the residential tree line of Longport prestige to the south. Best of all worlds here! Don’t wait, prime real estate like this don’t last!!!
Location
State NJ
County Atlantic
Community Margate
Area Margate City
Location Details Business District,Corner,Island,See Remarks,Water View
Rooms
Basement Crawl Space
Interior
Interior Features Display Windows, Living Space Available, Restroom, Smoke/Fire Alarm
Heating See Remarks
Exterior
Garage 6 to 10 Spaces, Off Street
Waterfront No
Building
Story 2
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
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "