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$6,500,000

Est. payment - /mo

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Active

527 Lake Avenue Asbury Park, NJ 07712

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Christine DeHart

christine@salmonrealestate.com +1(718) 273-1200

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Municipality Asbury Park (ASB)

MLS Listing ID 22509513

Property Sub-Type Commercial

Source MOREMLS (Monmouth Ocean Regional REALTORS®)

Property Description

A rare opportunity to buy a fully built-out, high capacity restaurant in one of New Jersey's most vibrant and fast-growing coastal destinations. Located on a prominent corner in downtown Asbury Park, just blocks from the boardwalk and New Jersey Transit, this venue is ready for immediate operation for the summer under new tenancy. This space features a 6,000 SF main dinning and kitchen area, 4,000 SF basement, 9100 SF built out roof deck with full bar, bathrooms and prep area. With existing infrastructure for food, beverage and live entertainment, the property is ideal for seasoned operators looking to plug into the area's thriving hospitality scene.

Location

State NJ

County Monmouth

Area None

Direction Lake Ave. to South. Cookman Ave. to North. Emory St. to West. Grand St. to East.

Rooms

Basement Full, Heated, Locked Storage, Tenant Access, Tenant Storage, Walk-Out Access

Interior

Heating Forced Air

Cooling Central Air

Flooring Concrete

Inclusions Machinery, Inventory, Equipment/Furniture

Exterior

Parking Features Off Site

Roof Type Other

Private Pool No

Building

Lot Description Lake on Lot

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 04-03105-0000-00005

Listed by Sackman Realty

Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.

Our invaluable experience and resources means your needs are our priority. Salmon’s hands-on, team approach means we treat your real estate transaction as if it were our own: personally, professionally, and with over a half-century of know-how.

If you're interested in this listing and would like to learn more, just drop us your name info here and we'll get straight back with you to discuss it. We look forward to speaking with you.

+1(718) 273-1200

christine@salmonrealestate.com

1855 Victory Blvd, Island, NY, 10314, United States