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$2,400,000
Est. payment /mo
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 598347
Annual Tax Amount $26,712
Tax Year 2024
Property Description
Now Available: ±11,000SF freestanding retail building (includes BOA pad site) located along one of Ventnor's most active corridors, Wellington Avenue. Previously occupied by Dollar General, the site is ideal for retail, residential, medical, or owner-user, redevelopment. Property Highlights: ±11,000 total SF building (for pad site and building) on ±1.92 acres. Comes with stabilized income stream until 2030 from the BOA pad site. This location is perfect for essential retail, medical, grocery, or service-oriented businesses. High visibility: 14,700+ vehicles/day on Wellington Ave. Market rent potential: $15–$18/SF NNN. Located minutes from Margate, Atlantic City, and major beach towns. Reach out to the listing agent for your copy of the proposed Redevelopment plan.
Location
State NJ
County Atlantic
Community Ventnor
Area Ventnor City
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Listed by REAL - MARGATE
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