5217 Ventnor Ave
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5217 Ventnor Ave
6,300 SF Retail Building Ventnor City, NJ 08406 $2,799,000 ($444/SF)
Executive Summary
Prime Commercial Building – Customize to Your Vision! Seize the opportunity to own a brand-new commercial building in the thriving North Beach community of Ventnor, perfectly situated near popular destinations like Ventnor Square Theatre, Knucky’s, and Sack O' Subs. This 3,000-square-foot open space is ideal for establishing your dream restaurant, complete with a beautiful outdoor veranda for al fresco dining and a pavered patio to enhance your guests' experience. Built from the ground up, this new construction building offers all-new plumbing, electrical, and roofing and siding along with two spacious apartments on the upper level, each featuring 2 bedrooms and 1 bathroom. Designed with modern living in mind, these apartments come equipped with gas heat, central air, and in-unit washers and dryers. Adding to the property’s appeal is the convenience of two dedicated parking spaces. Construction is set to be completed by October 2024, offering you the perfect opportunity to customize the finishing touches to suit your vision. For more details and to explore the potential use of a liquor license, contact us today!
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
6,300 SF
Building Class
C
Year Built/Renovated
1940/2025
Price
$2,799,000
Price Per SF
$444
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.21
Land Acres
0.12 AC
Zoning
C/MU - allows restaurants with full retail consumption licenses on properties within 150 feet of the center line of Ventnor Avenue or Atlantic Avenue.
Frontage
406 FT on Ventnor Avenue
Walk Score ®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 22-00101-0000-00003 | Improvements Assessment | $138,000 |
| Land Assessment | $188,700 | Total Assessment | $326,700 |
PROPERTY TAXES
Parcel Number
22-00101-0000-00003
Land Assessment
$188,700
Improvements Assessment
$138,000
Total Assessment
$326,700
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5217 Ventnor Ave
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