Don't miss this exceptional mixed-use investment opportunity, ideally situated at the edge of Margate's sought-after Parkway section and vibrant business district. Fully renovated in 2015, this highly visible corner property features over 3,500 square feet of versatile commercial and residential space across three separately metered units. The main-level commercial space was thoughtfully renovated with future flexibility in mind, offering a versatile layout adaptable to a variety of business needs. A spacious, glass-enclosed reception area with a front desk and ample seating welcomes you into Suite 1, which features an expansive central workspace with seven custom built-in workstations, four private offices (including a primary office with its own bathroom), an additional oversized office or conference room, two standing workstations, a fully equipped kitchen, and two ADA-compliant bathrooms. Suite 2 features its own private entrance on Benson Avenue, along with interior access, and includes two private offices, a generous conference room, and access to an ADA-compliant bathroom. Upstairs, a stylish two-bedroom, one-bath residential apartment offers excellent additional income potential, complete with a spacious private deck and ocean views. With a strong history of occupancy, three separately metered units, and a prime corner location, this property presents an outstanding opportunity for investors or owner-users seeking flexibility and long-term potential. Just moments from the marina, beach, and Margate's popular shops, restaurants, and attractions, this unique property combines commercial visibility with the appeal of coastal living.
AMAZING OPPORTUNITY TO OWN THIS MIXED-USE BUILDING!! CURRENT RESTAURANT AND 2 BEDROOM APARTMENT IN THE BUSY MARINA DISTRICT OF MARGATE! Situated on high traffic Ventnor avenue with high visibility and a stylish exterior just 2 short blocks from the beach! Upstairs apartment has been tastefully redone and features an open concept with vaulted ceilings, beautiful flooring throughout, 2 large bedrooms, 1.5 baths, washer & dryer, and a spacious front deck to enjoy the sunset. Everything is new including the HVAC and turn-key! Apartment currently vacant. Call for more info!
RARE OPPORTUNITY TO ACQUIRE A PLENARY RETAIL DISTRIBUTION LICENSE IN MARGATE, NJ. This New Jersey Plenary Retail Distribution License (Type 44) allows for the sale of beer, wine, liquor, and other alcoholic beverages for off-premises consumption. Licenses of this kind are strictly limited within each municipality, making this a highly valuable and rarely available opportunity in Margate City. The license permits the sale of sealed alcoholic beverages including spirits, wine, beer, hard seltzers, and ready-to-drink products, as well as related retail items such as mixers, soda, and specialty goods. Limited tastings may also be permitted in accordance with NJ ABC regulations. Ideal for a liquor store, bottle shop, or specialty retail concept looking to establish or expand in one of the most desirable shore markets. Currently held by Fresh Ideas Too Inc and available for transfer, subject to municipal and state approval. Opportunities like this in Margate are extremely limited and seldom come to market.
Margate is located in New Jersey. Margate, New Jersey has a population of 2,701.
The median household income in Margate, New Jersey is $106,053. The median household income for the surrounding county is $66,473 compared to the national median of $69,021. The median age of people living in Margate is 58.1 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 25.6 degrees. The average rainfall is approximately 42.1 inches per year, with 15.9 inches of snow per year.
