Justin Kline - Coldwell Banker Hearthside
9404 Ventnor
Margate, NJ 08402

$174,900

Description

Well known local pizzeria & sub shop located in the heart of Margate in business for over 16 years is for sale. The entire building was renovated and equipment updated just a few years ago. The business is open year round, does great numbers, and has a grandfathered mercantile license for the sale of ice cream, which is currently not being utilized. Sale of ice cream during the summer months would mean additional foot traffic and increased revenues and profits, as the city of Margate restricts the sale of frozen dairy products. Competitive and transferable lease with over 14 years left on it comes with sale. Plenty of room in back for expansion and comes with owner's office and separate bathroom upstairs. Building also available for sale in combo purchase. Hurry and come check out this gem, as it will not last long!

Details

MLS#504520
StyleIndustrial
Sub-TypeResale
StatusActive
Year1920
Days On Site112

Features

Story(s)1

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Area Information

StateNJ
CountyAtlantic
CityMargate
Zip Code08402
AreaMargate City
Listing VS Median (in 08402)
Price:
$174,900
low | high
Med:
$385,000
70.125786163522% of Average
On Site:
112
low | high
Med:
160
70% of Average
Listing Updated: 08/16/2018
MLS Number: 504520
Listing Provided By:
FLAMUR RAMA  of  KELLER WILLIAMS REALTY ATLANTIC SHORE