$3,395,000

2538 Dune

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. Businesses are not included in sale listing.

Details

MLS#200821
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Days On Site97

Features

SQ Feet13,547
Story(s)1
Units6
ZoningB-1

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Area Information

StateNJ
CityAvalon
Zip Code08202
AreaAvalon
Listing VS Median (in 08202)
Price:
$3,395,000
low | high
Med:
$2,195,000
85.346097201767% of Average
SqFt:
13,547
low | high
Med:
2,981
100% of Average
$ / SqFt:
$251
low | high
Med:
$739
100% of Average
On Site:
97
low | high
Med:
76
100% of Average
Listing Updated: 05/30/2020
MLS Number: 200821
Listing Provided By:
Douglas Newbold  of  NEWBOLD REAL ESTATE CO
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