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Key Details
Sold Price $65,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $59
Subdivision None Available
MLS Listing ID NJAC2014700
Sold Date 10/31/24
Originating Board BRIGHT
Year Built 1922
Annual Tax Amount $14,254
Tax Year 2023
Lot Size 3,302 Sqft
Acres 0.08
Lot Dimensions 30.00 x 110.00
Property Description
Restaurant Business for Sale with lease assignment. Prime Location Near the Beach
Are you looking to invest in a thriving coastal restaurant business? OceanCrat Seafood Boil offers an exceptional opportunity to own a well-established seafood restaurant just two blocks from the beach.
Benefit from the high foot traffic and seasonal tourism associated with a beachside location.
Lease Assignment: Acquire the existing lease, providing a solid foundation for your business.
Summer Season Operation: The restaurant is currently open during the summer season, offering a proven customer base. All-Year-Round Potential: Expand your business operations to capitalize on year-round demand and increase revenue. Negotiable Lease: The landlord is open to discussing a new lease agreement, providing flexibility for your business plans. Investment Opportunity: Gross Lease: Current lease amount is $5,500. Qualified Buyers: All potential buyers must submit proof of funds (POF), have excellent credit, and demonstrate relevant experience in the restaurant industry. Don't miss out on this exciting opportunity to own a successful seafood restaurant in a prime coastal location. Contact us today to schedule a viewing and learn more about this investment.
Location
State NJ
County Atlantic
Area Ventnor City (20122)
Zoning C
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Flooring Ceramic Tile
Heat Source Electric, Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility 36\"+ wide Halls
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Ventnor City Schools
Others
Tax ID 22-00071-00017
Ownership Leasehold
SqFt Source Assessor
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Third Party Approval
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Bought with Paul P Cheng • Keller Williams Realty - Cherry Hill
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