6518 Ventnor Ave - Storefront Retail/Residential FOR SALE


Ventnor City, NJ 08406
$1,499,000 USD
609-289-1139
6518 Ventnor Ave, Ventnor City, NJ for Sale
$1,499,000 USD
Storefront Retail/Residential - FOR SALE
1/3
null | Request Cap Rate

6518 Ventnor Ave
Ventnor City, NJ 08406


HIGHLIGHTS

  • close to the beach
  • high foot traffic

OVERVIEW

An exceptional opportunity awaits in the heart of Ventnor’s bustling downtown business district! and vibrant beach community. This corner property offers the perfect blend of commercial and residential space, with tremendous potential for growth and diversification in this total thriving location. The building is currently home to 3 commercial units and 3 residential units, making it ideal for investors or business owners seeking both steady rental income and a prime location. Highlights include: - Chiropractor Office: currently vacant 1,200 sq. ft. space was generating $1,350/month. Surfshack Retail Location: A spacious, 5,000 sq. ft. commercial area that can easily be divided into and used as two separate units. Complete with a commercial kitchen, this expansive space offers endless possibilities, whether you want to reopen a restaurant, retail store, or transform it into office spaces to maximize business potential. Located on the corner of Ventnor and New Haven Ave ensures high visibility and foot traffic. - Residential Units: The property includes 2 two-bedroom, one-bathroom apartments, each with its own appeal and steady rental potential (currently they are not rented). Additionally, a 4-bedroom, 2-bathroom unit is currently under renovation, offering further opportunity to add value and increase rental income. With its prominent corner location, ample space, and versatility, this building is a extremely unique in that combines both residential and commercial potential in one of the area’s most sought-after districts. The opportunity is truly endless in the booming town of Ventnor, with the growing demand for both commercial and residential properties. Whether you're looking for a dynamic commercial space, a prime residential investment, or a combination of both, this property is ready to deliver exceptional returns as an investment

FOR SALE DETAILS

PRICE

$1,499,000 USD

PRICE/SF

$193 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,421 SF

ZONING

C

APN/PARCEL ID

22-00071-0000-00013

ASK ABOUT THIS PROPERTY

Mary Lou FerryFarley & Ferry RealtyMore Info
609-289-1139

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Mary Lou FerryFarley & Ferry RealtyMore Info
609-289-1139

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.