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For Sale 6518 Ventnor, Ventnor, NJ, 08406

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6518 Ventnor, Ventnor, NJ, 08406 Main Picture 6518 Ventnor, Ventnor, NJ, 08406 Aditional Picture6518 Ventnor, Ventnor, NJ, 08406 Aditional Picture

6518 Ventnor, Ventnor, NJ, 08406

$1,799,000

John Tonkinson
  • Buyer Agent Compensation: N/A
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An exceptional opportunity awaits in the heart of Ventnor’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 area’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

Listing courtesy of: FARLEY and FERRY REALTY, INC
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional Multiple Listing Service. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed to be accurate but not guaranteed. Copyright South Jersey Shore Regional Multiple Listing Service. All rights reserved.
Total Rooms
Full Bath 0
# of Stories
Year Build 1920
Lot Size
Tax 14038.00
SQFT
OutsideFeaturesFence
BasementCrawl Space
WaterPublic
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions
# Units
Tax Year 2024
Area Ventnor City
ParkingGarageNone
CoolingCentral, Window Units
SewerPublic Sewer
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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!

Property 2

6413 Ventnor, Ventnor

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  • $3100000