$3,100,000
$3,395,000
8.7%For more information regarding the value of a property, please contact us for a free consultation.
2,380 SqFt
SOLD DATE : 01/06/2022
Key Details
Sold Price $3,100,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,380 sqft
Price per Sqft $1,302
MLS Listing ID NJCM2000044
Sold Date 01/06/22
HOA Y/N N
Originating Board BRIGHT
Year Built 1970
Annual Tax Amount $10,264
Tax Year 2021
Lot Size 0.313 Acres
Acres 0.31
Lot Dimensions 105.00 x 130.00
Property Description
Rare Avalon Commercial opportunity in the center of Avalons business district. Property currently consists of a one-story, professional office building of 2,380 s.f. with adjoining lot for parking. This parcel is a 130x105 (13,650 s.f.), 130 ft of frontage on Dune Drive. Property will accommodate 4 new commercial offices/ retail spaces and 4 new two-story townhouses of 2,250 s.f., with ample parking, storage and elevator. (See preliminary floor/site plan in Associated Documents). Call for current lease information. Business is not included in sale listing.
Location
State NJ
County Cape May
Area Avalon Boro (20501)
Zoning B-1
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Flooring Ceramic Tile
Heat Source Electric
Exterior
Garage Spaces 20.0
Waterfront N
Water Access N
View Street
Roof Type Shingle
Street Surface Paved
Accessibility None
Total Parking Spaces 20
Garage N
Building
Lot Description Corner
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Avalon
School District Avalon Public Schools
Others
Tax ID 01-00026 04-00043 01
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Negotiable
Listing Terms Cash, Conventional, Negotiable
Financing Cash,Conventional,Negotiable
Special Listing Condition Standard
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Bought with Douglas P Newbold • Newbold Real Estate Co.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "