Joyce McMahon 609-399-0076
3160 Asbury Avenue, Ocean City
Joyce McMahon 609-399-0076
3160 Asbury Avenue, Ocean City
$3,100,000
Office
609-399-00760
0
Commercial Property Description for Santucci\'s Bar & Restaurant Discover an exceptional investment opportunity with Santucci\'s, a thriving bar and restaurant located in a prime area. This versatile property encompasses approximately 9,000 square feet of indoor space and an expansive 3,000 square feet of outdoor deck, perfect for enjoying al fresco dining and entertainment. Key Features: Turnkey Opportunity: The purchase includes a valuable liquor license, the Santucci\'s franchise rights, and all necessary kitchen equipment, making it a seamless transition for any investor. Restaurant & Bar: The main dining area is fully equipped with a bar featuring an inviting ambiance, arcade games, and pool tables that attract a diverse clientele. The space is designed for both casual dining and lively nightlife, making it a community favorite. Outdoor Deck: The expansive outdoor deck boasts two bars on the upper level and a bar on the first floor, creating a vibrant atmosphere for gatherings and events. This outdoor space is ideal for hosting parties, live music, and seasonal events. Mixed Use Units: Next to the restaurant, you’ll find two well-appointed fully renovated 2-bedroom, 1-bath apartments, providing potential rental income or owner-occupied living. Each unit is spacious and designed for comfort. Store Front Space: The property includes a dedicated store front area, offering flexibility for management or additional revenue potential through rental. This property presents a unique chance for investors looking to enter the hospitality industry or expand their portfolio. With its combination of dining, entertainment, and residential opportunities, Santucci\'s is poised for continued success and growth. Don\'t miss your chance to own a piece of this vibrant community landmark!
| Total Rooms | |
| Full Bath | 0 |
| # of Stories | |
| Year Build | |
| Lot Size | |
| Tax | 28246.00 |
| SQFT |
| Exterior | Block, Brick |
| InteriorFeatures | Display Windows, Fire Sprinkler System, Restroom, Security System, Three Phase Electric |
| Cooling | Central |
| Water | Public |
| Bedrooms | 0 |
| Half Bath | 0 |
| # of Stories | |
| Lot Dimensions | |
| # Units | |
| Tax Year | 2024 |
| Area | Ventnor City |
| OutsideFeatures | Restrooms, See Remarks, Storage Building |
| Heating | Forced Air |
| HotWater | Tankless-gas |
| Sewer | Public Sewer |
