Listing Courtesy of: Jonathan Lakose - A LEWIS PURDY REAL ESTATE INC
$2,100,000 affordable loan icon Calculate Payment

224 21st Avalon, NJ 08202

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Townhouse Residence
4 Beds
2 Baths
Sq. Ft.

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Last updated on 12/21/2024 8:56 AM
Amazing Mixed-Use Investment Opportunity! This unique property offers an exceptional chance to own a mixed-use building in the heart of Avalonâ??s thriving business district. With a spacious two-story residence on the upper levels, and a commercial restaurant space on the first floor, this property ...is perfect for investors or those wanting to live in a vibrant community while generating rental income. The upper residential nine room unit boasts a spacious, comfortable two-story layout with open-concept living and dining area is filled with natural light, complemented by an updated kitchen with modern appliances, four bedrooms, two baths and a private deck. This versatile unit is perfect for an owner-occupant or as an additional source of rental income. The first floor features a high-visibility restaurant space ideally situated in Avalonâ??s bustling district. It includes an updated interior and is currently home to one of Avalon's most iconic businesses. The commercial unit has a separate entrance from the residential space, providing privacy for both tenants or owners. This space offers a fantastic opportunity for a restaurateur looking to make their mark or for an investor seeking a reliable rental property in a prime location. Located in Avalonâ??s vibrant commercial area with strong foot traffic, this property is an incredible investment opportunity with multiple income streams. You could live in the residential unit while renting out the commercial space, or lease both for even greater returns. Please note that the sale is subject to the final condominium conversion process. The sale consists of real estate only. The business and owner's equipment are not included in the sale. Donâ??t miss this rare chance to own a mixed-use gem in Avalonâ??s sought-after business district. Contact us today to schedule a viewing and explore the possibilities this property offers. Continue reading
MLS#
243394
Property Type
Townhouse
Bedrooms
4
Bathrooms
2 Full
Year Built
1935
Sewer
City Sewer

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Listing Courtesy of: Jonathan Lakose - A LEWIS PURDY REAL ESTATE INC
Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
The information being provided is 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. Copyright 2024 Cape May MLS. All Rights Reserved.
This content last refreshed on 12/21/2024 8:56 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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