Property
Asbury Park, NJ 07712 527 Lake Avenue
$6,500,000
20 more
Presented By: Matthew Warncke, Sackman Realty
Home Details
A rare opportunity to buy a fully built-out, high capacity restaurant in one of New Jersey's most vibrant and fast-growing coastal destinations. Located on a prominent corner in downtown Asbury Park, just blocks from the boardwalk and New Jersey Transit, this venue is ready for immediate operation for the summer under new tenancy. This space features a 6,000 SF main dinning and kitchen area, 4,000 SF basement, 9100 SF built out roof deck with full bar, bathrooms and prep area. With existing infrastructure for food, beverage and live entertainment, the property is ideal for seasoned operators looking to plug into the area's thriving hospitality scene.
Presented By: Matthew Warncke, Sackman Realty
Interior Features for 527 Lake Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
BasementFull, Heated, Locked Storage, Tenant Access, Tenant Storage, Walk-Out Access
FlooringConcrete
Heating Y/NYes
Total Fireplaces
General for 527 Lake Avenue
Additional Parcels Y/NNo
Building FeaturesPassenger Elevator
Business TypeRestaurant
Carport Y/NNo
CityAsbury Park
Construction MaterialsBrick
CoolingCentral Air
CountyMonmouth
DirectionsLake Ave. to South. Cookman Ave. to North. Emory St. to West. Grand St. to East.
Electric On Property Y/NNo
Garage Spaces0.0
Garage Y/NNo
HeatingForced Air
Home Warranty Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet0.0
MLS AreaNone
MLS Area MinorAsbury Park (ASB)
MobileHomeRemainsYNNo
New ConstructionNo
Property SubtypeCommercial
Property TypeCommercial Sale
Rent Control Y/NNo
RoofOther
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories2
Tax Assessed Value0
Zoning DescriptionResidential, Mixed, Commercial, Central Business
Exterior for 527 Lake Avenue
Crops Included Y/NNo
Horse Y/NNo
InclusionsMachinery, Inventory, Equipment/Furniture
Irrigation Water Rights Y/NNo
Lot FeaturesLake on Lot
Lot Size Acres0.0
Lot Size Area0.0
Open Parking Y/NNo
Parking FeaturesOff Site
SpaNo
Water SourcePublic
Additional Details
Price History
Jenniffer Bravo Llerena
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