9218 Ventnor Ave - Office FOR SALE
Margate, NJ 08402 |
$3,364,257 USD
215-603-6914
9218 Ventnor Ave
Margate, NJ 08402
HIGHLIGHTS
- Located at 9218 Ventnor Avenue in Margate City, NJ, this property enjoys a high-visibility position on a corner parcel.
- Leased to Fox & Roach LP, operating under the Berkshire Hathaway HomeServices brand, this property offers secure and predictable income.
- The property offers dedicated on-site parking, plus 20 additional spaces leased in the Margate City Municipal Parking Lot.
- Situated on a high-profile corner in a busy retail area, the property offers excellent future redevelopment or repositioning opportunities.
- Margate stands out as a shore town with no hotels, meaning visitors must purchase or rent homes or condos to enjoy the area.
- The property is surrounded by a blend of local businesses, restaurants, and boutique shops along Ventnor Avenue, creating consistent foot traffic.
OVERVIEW
CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE 9218 Ventnor Avenue, a Berkshire Hathaway HomeServices Fox & Roach property located in the heart of Margate City, New Jersey. Positioned on a highly visible corner parcel in the vibrant and walkable business district, this property benefits from consistent foot traffic generated by both local residents and seasonal vacationers. Located just 0.2 miles from Margate’s beautiful beaches and the historic "Lucy the Elephant" attraction, the site is ideally situated for long-term success.
FOR SALE DETAILS
PRICE
$3,364,257 USD
PRICE/SF
$425 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
ADD'L SUBTYPES
Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
B
YEAR BUILT
1990
SPRINKLERS
-
PARKING SPACES
36
LAND DETAILS
LAND ACRES
0.28 AC
LAND SF
12,197 SF
ZONING
MF
APN/PARCEL ID
16-00126-0000-00085-01
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
215-603-6914
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
215-603-6914
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
