9218 Ventnor Ave - Office FOR SALE
Margate, NJ 08402 |
9218 Ventnor Ave
Margate, NJ 08402
HIGHLIGHTS
- Located at 9218 Ventnor Avenue in Margate City, NJ, this property enjoys a high-visibility position on a corner parcel.
- Leased to Fox & Roach LP, operating under the Berkshire Hathaway HomeServices brand, this property offers secure and predictable income.
- The property offers dedicated on-site parking, plus 20 additional spaces leased in the Margate City Municipal Parking Lot.
- Situated on a high-profile corner in a busy retail area, the property offers excellent future redevelopment or repositioning opportunities.
- Margate stands out as a shore town with no hotels, meaning visitors must purchase or rent homes or condos to enjoy the area.
- The property is surrounded by a blend of local businesses, restaurants, and boutique shops along Ventnor Avenue, creating consistent foot traffic.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Office
ADD'L SUBTYPES
Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
7943
STORIES
2
BUILDING CLASS
B
YEAR BUILT
1990
SPRINKLERS
-
PARKING SPACES
36
LAND DETAILS
LAND ACRES
0.28 AC AC
LAND SF
12,197 SF
ZONING
-
APN/PARCEL ID
16-00126-0000-00085-01
