$3,395,000

2538-2542-2546 Dune Dr

AVALON NJ, 08202

Description

Avalon Landmark Location (old Paper Peddler). Unique Commercial opportunity in the center of town. This property currently has 6 established businesses providing excellent rental income. This ideal location offers many possible development scenarios. One scenario being the new construction of 4 commercial stores with 4 two-story townhouses above, each with 2,250 s.f., ample parking, storage and elevator. (See attached preliminary floor / site plan). The property consists of 2 legal size commercial lots with 129' of frontage on Dune Drive (13,545 Total S.F.). Property sale is subject to 2020 leases.

Details

MLS#NJCM103958
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1970
Days On Site96

Features

Story(s)0
ZoningB-1

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Area Information

StateNJ
CityAVALON
Zip Code08202
AreaAvalon Boro (20501)
Listing VS Median (in 08202)
Price:
$3,395,000
low | high
Med:
$3,395,000
50% of Average
On Site:
96
low | high
Med:
96
100% of Average
Listing Updated: 05/31/2020
MLS Number: NJCM103958
Listing Provided By:
Douglas Newbold  of  Newbold Real Estate Co.
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