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Commercial

6518 Ventnor Ave, Ventnor

$1,499,000

Property Details Property Details
An exceptional opportunity awaits in the heart of Ventnors bustling downtown business district! and vibrant beach community. This corner property offers the perfect blend of commercial and residential space, with tremendous potential for growth and diversification in this total thriving location. The building is currently home to 3 commercial units and 3 residential units, making it ideal for investors or business owners seeking both steady rental income and a prime location. Highlights include: - Chiropractor Office: A fully leased 1,200 sq. ft. space was generating $1,350/month - currently vacant, were moved out in January. - Surfshack Retail Location: A spacious, 5,000 sq. ft. commercial area that can easily be divided into and used as two separate units. Complete with a commercial kitchen, this expansive space offers endless possibilities, whether you want to reopen a restaurant, retail store, or transform it into office spaces to maximinize business potential. Located on the corner of Ventnor and New Haven Ave ensures high visibility and foot traffic. - Residential Units: The property includes 2 two-bedroom, one-bathroom apartments, each with its own appeal and steady rental potential (currently they are not rented). Additionally, a 4-bedroom, 2-bathroom unit is currently under renovation, offering further opportunity to add value and increase rental income. With its prominent corner location, ample space, and versatility, this building is a extremely unique in that combines both residential and commercial potential in one of the areas most sought-after districts. The opportunity is truly endless in the booming town of Ventnor, with the growing demand for both commercial and residential properties. Whether you're looking for a dynamic commercial space, a prime residential investment, or a combination of both, this property is ready to deliver exceptional returns as an investment

This listing is provided courtesy of FARLEY and FERRY REALTY, INC


Bedroom bedrooms

  • MLS #: 590721
  • Status: Active
  • Address: 6518 Ventnor Ave, Ventnor, NJ 8406
  • Date Listed: 11/11/2024
  • Days on Market: 103

Location Location

Interior Features Interior Features
  • Cool System: Central, Window Units
  • Floors: Other (See Remarks)

Additional Features Additional Features
  • County: Atlantic
  • Waterfront Features: No
  • Water/Sewer: Public
  • Year Built: 1920
  • Lot Number: 13
  • Block Number: 71
  • For Sale / Lease: For Sale
  • Taxes: 14038
  • 3rd Party Approval: No

Disclaimer:The data relating to real estate for sale on this website comes in part from both the Broker Reciprocity Program of the South Jersey Shore Regional MLS and/or the Cape May County MLS, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms. The brokers providing these listings advise interested parties to do their due diligence before relying on this information in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. All information deemed reliable, but not guaranteed. All properties are subject to change.