An exceptional opportunity awaits in the heart of Ventnorâ??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 areaâ??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
Prime Commercial Building â?? Customize to Your Vision! Seize the opportunity to own a brand-new commercial building in the thriving North Beach community of Ventnor, perfectly situated near popular destinations like Ventnor Square Theatre, Nuckyâ??s, and Sack O' Subs. This 3,000-square-foot open space is ideal for establishing your dream restaurant, complete with a beautiful outdoor veranda for al fresco dining and a pavered patio to enhance your guests' experience. Built from the ground up, this new construction building offers all-new plumbing, electrical, and roofing and siding along with two spacious apartments on the upper level, each featuring 2 bedrooms and 1 bathroom. Designed with modern living in mind, these apartments come equipped with gas heat, central air, and in-unit washers and dryers. Adding to the propertyâ??s appeal is the convenience of two dedicated parking spaces. Construction is set to be completed by October 2024, offering you the perfect opportunity to customize the finishing touches to suit your vision. For more details and to explore the potential use of a liquor license, contact us today!
The median home value in Ventnor, NJ is $443,750. The national median home value is $338,100. The average price of homes sold in Ventnor, NJ is $443,750. Ventnor real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ventnor real estate agent to arrange a tour today!
Ventnor, New Jersey has a population of 4,666.
The median household income in Ventnor, New Jersey is $66,783. 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 Ventnor is 53.6 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 41.6 inches per year, with 13.2 inches of snow per year.