MLS: 243394   Price:  $2,100,000 
 
Avalon, New Jersey 


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 two-story residence on the upper levels, and a commercial restaurant space on the first floor, this property is perfect for investors or those wanting to live in a vibrant community while generating rental income. The upper residential nine room unit boasts a spacious, comfortable two-story layout with open-concept living and dining area is filled with natural light, complemented by an updated kitchen with modern appliances, four bedrooms, two baths 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 most iconic 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.

 

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PROPERTY SPECIFICATIONS                                                                        
 Type: Townhouse
 Bedrooms: 4
 Full Baths: 2
 Unit: 2
 SQFT:

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PROPERTY FEATURES

  * LOCATION
      Island

  * UNIT LOCATION
      Top Floor

  * COMMON AREA FEATURES
      Deck/Porch

  * OTHER ROOMS
      Living Room
      Dining Room
      Kitchen
      Laundry/Utility Room

  * APPLIANCES INCLUDED
      Range
      Oven
      Microwave Oven
      Washer
      Dryer
      Dishwasher
      Disposal

  * HEATING
      Gas Natural
      Electric
      Forced Air

  * WATER
      City

  * SEWER
      City

  * COOLING
      Central Air
      Electric

  * HOT WATER
      Gas


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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified.




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