25
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$6,500,000
Est. payment /mo
Active
527 Lake Avenue Asbury Park, NJ 07712
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Municipality Asbury Park (ASB)
MLS Listing ID 22509513
Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)
Property Sub-Type Commercial
Property Description
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.
Location
State NJ
County Monmouth
Area None
Direction Lake Ave. to South. Cookman Ave. to North. Emory St. to West. Grand St. to East.
Rooms
Basement Full, Heated, Locked Storage, Tenant Access, Tenant Storage, Walk-Out Access
Interior
Heating Forced Air
Cooling Central Air
Flooring Concrete
Inclusions Machinery, Inventory, Equipment/Furniture
Exterior
Parking Features Off Site
Roof Type Other
Private Pool No
Building
Lot Description Lake on Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 04-03105-0000-00005
Listed by Sackman Realty