6518 Ventnor Ave Active

Ventnor,NJ 08406

$ 1799000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 590721

Style Commercial

Year Built 1920

Annual Tax Amount $14,038

Tax Year 2024

Property Description

An exceptional opportunity awaits in the heart of Ventnor’s 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 generating $1,350/month in steady income - currently on a month to month basis. This well-established business is a cornerstone of the building, providing immediate cash flow. - 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 area’s 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

Location

State NJ

County Atlantic

Community Ventnor

Area Ventnor City

Location Details Business District

Rooms

Basement Crawl Space

Interior

Flooring Other (See Remarks)

Exterior

Exterior Feature Fence

Parking Features None

Building

Sewer Public Sewer

Water Public

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