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2520 Dune Drive

Avalon, NJ 08202
  • $950,000
  • STATUS: Active
  • ON SITE: 95 Days
  • MLS #: 220739
UPDATED: 63 min ago
$950,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,480
    SQFT
  • $642
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1940
Area:

School Ratings & Info

Description

Rare opportunity to own this exceptional commercial unit that sits in the very desired heart of Avalons Business District. As one of the largest street level retail units available in town this unit features 1480 square feet of space, along with additional outside common area with the exclusive use to this unit. This popular location has a great deal of foot traffic during the busy season. The primary business has been operating as a Bicycle shop for over 20 years. A small portion of the store (480 square feet) has been sub leased out to a tenant who sells Acai bowls, smoothies, and coffee products. The sub lease is valid through 2025 and the current bicycle shop lease expires Oct 2022. The tenant is open to extend through 2025 if buyer would like to. Includes three off street parking dedicated to this unit, Along with street parking out front. Sale does not include either business, Property only. The owner is open to a package deal including the 3 bed, 2 bathroom condo located on top of the commercial unit. There are 5 off-street parking spaces in the parking lot behind the building reserved for these 2 units. A unique opportunity to own a commercial unit coupled with the residential condo above!

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Listing information © 2022 Cape May County Association of REALTORS® Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS or The Oceanside Realty Team | Keller Williams Jersey Shore. 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. Data last updated 2022-06-26T17:49:50.903.
www.theoceansiderealtyteam.com/homes/126944483
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2520 Dune Drive Avalon, NJ 08202

  • Price: $950,000
  • Status: Active
  • On Site: 95 Days
  • Updated: 63 min ago
  • MLS #: 220739
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,480
SQFT
$642
$/SQFT
1940
Built
Neighborhood:
01-Avalon Borough
Area:
Avalon
Property Description
Rare opportunity to own this exceptional commercial unit that sits in the very desired heart of Avalons Business District. As one of the largest street level retail units available in town this unit features 1480 square feet of space, along with additional outside common area with the exclusive use to this unit. This popular location has a great deal of foot traffic during the busy season. The primary business has been operating as a Bicycle shop for over 20 years. A small portion of the store (480 square feet) has been sub leased out to a tenant who sells Acai bowls, smoothies, and coffee products. The sub lease is valid through 2025 and the current bicycle shop lease expires Oct 2022. The tenant is open to extend through 2025 if buyer would like to. Includes three off street parking dedicated to this unit, Along with street parking out front. Sale does not include either business, Property only. The owner is open to a package deal including the 3 bed, 2 bathroom condo located on top of the commercial unit. There are 5 off-street parking spaces in the parking lot behind the building reserved for these 2 units. A unique opportunity to own a commercial unit coupled with the residential condo above!
Exterior Features

Exterior Brick Face Location Business DistrictIsland Lot Size 0 Parking 1 To 5 SpacesAssigned ParkingOff Street

Interior Features

Cooling Central Air Conditioning Flooring Linoleum/Vinyl Heating Forced AirGas Natural Hot Water Electric Interior Features 220 Volt ElectricityDisplay WindowRestroom Lavs 1

Property Features

Bank Owned No Bay Proximity 2 Blocks Beach Proximity 3 Blocks Commercial Type Retail Near Business District New Construction No Possession Settlement Sale Or Rent For Sale Sewer City Subject To Third Party Approval No Tax Year 2021 Taxes 2461.5 Total Assessment 450000 Type Business OnlyCommercialCommercial Condo Water City Zoned B-1

© 2022 Cape May County Association of REALTORS® MLS. All Rights Reserved.
Listing provided courtesy of Tim Kerr Sotheby's International Realty.


Listing information © 2022 Cape May County Association of REALTORS® Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS or The Oceanside Realty Team | Keller Williams Jersey Shore. 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. Data last updated 2022-06-26T17:49:50.903.
 
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