$2,100,000
bedrooms
4
bathrooms
1
square feet
0
Acreage
-
Open Houses
-
year built
1965
Full Baths
1
Half Baths
0
Amazing Mixed-Use Investment Opportunity! This unique property offers an exceptional chance to own a mixed-use building in the heart of Avalon’s thriving business district. With a spacious four bedroom residence on the second floor, and a commercial restaurant space on the first, this property is perfect for investors or those wanting to live in a vibrant community while generating rental income. The upper residential seven room unit boasts a spacious, comfortable layout with a living room, dining room and kitchen (with range and dishwasher), four bedrooms, 1 bath and a private deck. This versatile unit is perfect for an owner-occupant or as an additional source of rental income. The first floor features a high-visibility restaurant space ideally situated in Avalon’s bustling district. It includes an updated interior and is currently home to one of Avalon's newest and most successful businesses. The commercial unit has a separate entrance from the residential space, providing privacy for both tenants or owners. This space offers a fantastic opportunity for a restaurateur looking to make their mark or for an investor seeking a reliable rental property in a prime location. Located in Avalon’s vibrant commercial area with strong foot traffic, this property is an incredible investment opportunity with multiple income streams. You could live in the residential unit while renting out the commercial space, or lease both for even greater returns. Please note that the sale is subject to the final condominium conversion process. The sale consists of real estate only. The business and owner's equipment are not included in the sale. Don’t miss this rare chance to own a mixed-use gem in Avalon’s sought-after business district. Contact us today to schedule a viewing and explore the possibilities this property offers.
Location | |
Subdivision | - |
County | - |
Elementary School | - |
Middle School | - |
High School | - |
Exact location data not provided
Open houses
None scheduled.
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 243393
Listing agent:
Jonathan Lakose
#2077803
Listing broker:
A. Lewis Purdy Real Estate Inc.,
(609) 967-7800
Copyright © 2025 Cape May County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Wednesday, January 1 2025 at 3:06 a.m. EST
Kotohomes National
Other listings you might be interested in
$1,990,000
3 Bed •
1 Bath •
0 ft²
1019 N Ohio Avenue
Atlantic City, NJ 08400
$1,990,000
3 Bed •
1 Bath •
876 ft²
1129 Drexel Avenue
Atlantic City, NJ 08400
$1,899,000
4 Bed •
2 Bath •
0 ft²
1306 GARDEN ST
Hoboken, NJ 07030
$1,990,000
3 Bed •
1 Bath •
980 ft²
1102 N Ohio Avenue
Atlantic City, NJ 08400
$1,990,000
3 Bed •
1 Bath •
980 ft²
1104 N Ohio Avenue
Atlantic City, NJ 08400
$1,990,000
3 Bed •
1 Bath •
980 ft²
1106 N Ohio Avenue
Atlantic City, NJ 08400
$1,990,000
3 Bed •
1 Bath •
1,053 ft²
901 Keener Avenue
Atlantic City, NJ 08400
$1,990,000
3 Bed •
1 Bath •
1,116 ft²
1261 N Ohio Avenue
Atlantic City, NJ 08400
$1,990,000
3 Bed •
1 Bath •
1,192 ft²
610 Drexel Avenue
Atlantic City, NJ 08400
$1,990,000
4 Bed •
2 Bath •
1,436 ft²
719 N Ohio Avenue
Atlantic City, NJ 08400
$1,899,000
4 Bed •
2 Bath •
1,652 ft²
215 91st North
Sea Isle City, NJ 08243
$2,400,000
3 Bed •
1 Bath •
2,036 ft²
825 Route 539
New Egypt, NJ 08533