2538 Dune Drive, Avalon NJ - SOLD COOP BY MEMBER

For Sold: $3,600,000   |   Sold Date: 05/11/22
MLS: 200821       Beds: 0       Baths:       Type: Retail       Lot: 129'x105'       DOM: 833 Days

Avalon Landmark Location (old Paper Peddler). Unique Commercial opportunity in the center of town. This property currently has 6 established businesses providing excellent rental income. This ideal location offers many possible development scenarios. One scenario being the new construction of 4 commercial stores with 4 two-story townhouses above, each with 2,250 s.f., ample parking, storage and elevator. (See attached preliminary floor site plan). The property consists of 2 legal sized commercial lots with 129' of frontage on Dune Drive (13,545 Total S.F.). Property sale is subject to 2020 leases. Businesses are not included in sale listing.

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Last Database Update: 07/03/2022

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2538 Dune Drive, Avalon NJ 0 Bedroom(s)   |     Bathroom(s)   |   Sold Price: $3,600,000   |     MLS Number: 200821   |    Property Type: Retail Provided by: Holly Rennie - www.hollyrennie.com (Information Above Will Appear at the Top of the Email that is Sent to Holly Rennie)

Let HOLLY RENNIE with FERGUSON DECHERT REAL ESTATE be your buyer for this listing. Listing is provided by NEWBOLD REAL ESTATE CO. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.