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2538 Dune Drive

AVALON, NJ 08202
  • $3,395,000
  • STATUS: Active
  • ON SITE: 158 Days
  • ID#: NJCM2000042
UPDATED: 238 min ago
$3,395,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1970
County:

School Information

Elementary School:
School District:

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 2021 leases.Businesses are not included in sale listing.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Lee Tessier Team | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-04T23:49:34.397.
www.marylandrealestatesearch.com/homes/118822679
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2538 Dune Drive AVALON, NJ 08202

  • Price: $3,395,000
  • Status: Active
  • On Site: 158 Days
  • Updated: 238 min ago
  • ID#: NJCM2000042
0
Beds
0
Baths
0
½ Baths
0.31
Acres
1970
Built
Neighborhood:
Avalon Boro (20501)
County:
Cape May
Area:
Avalon Boro (20501)
Elementary School:
Avalon
School District:
Avalon Public Schools
Property 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 2021 leases.Businesses are not included in sale listing.
Exterior Features

Construction Materials Block Garage YN No Location Type Business District Lot Features Corner Parking Types OtherDriveway Riparian Rights YN No Road Surface Type Black Top View Street Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 7980.00 Cooling Roof MountedCentral A/C Heating None Net Square Feet 7980.00

Property Features

Acceptable Financing CashConventionalNegotiable Accessibility Features None Assessment Year 2020 Association YN No Business Type Other Central Air YN Yes Cooling Fuel Electric Cross Street 26th Street Heating Fuel Electric Historic YN No Hot Water Electric Internet Services Broadband Lease Considered YN No Municipality Avalon Boro Navigable Water YN N New Construction YN No Number Of Units Total 6 Original MLSNumber 800808134524 Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 11284.00 Tax Assessment Amount 2145200.00 Tax Lot 00043 01 Utilities Above GroundElectric AvailablePhoneCable Tv Available Vacation Rental YN No Water Sewer Hookup Fee 0.00 Water Source Public Zoning B-1 Zoning Description Business

Listing courtesy of Newbold Real Estate Co..


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Lee Tessier Team | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-04T23:49:34.397.
 
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Lee Tessier Team | eXp Realty
2225 Old Emmorton Rd Suite 207
Bel Air MD, 21015