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$2,599,000
Est. payment /mo
2 Beds
2.5 Baths
3,500 SqFt
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $742
MLS Listing ID 601245
Style 2 Story
Bedrooms 2
Full Baths 1
Half Baths 3
Annual Tax Amount $12,184
Tax Year 2024
Lot Size 3,500 Sqft
Property Sub-Type Single Family
Property Description
Don't miss this exceptional mixed-use property perfectly situated on the edge of Margate's Parkway section and it's thriving business district. The 62' x 55' lot provides the opportunity for renovation of the existing structure or new construction for both residential and commercial units. The current structure is a highly visible corner building which was fully renovated in 2015 and offers 3 separately metered spaces totaling over 3,500 sq. ft. of rentable office and living space. Upon entering the building there is a large glass enclosed reception area with a desk. It is spacious with ample seating. Beyond the glass doors you are entering Suite 1, which includes a large central area that houses seven custom built-in workstations. Suite 1also includes four private offices, the largest one with a private bathroom, one common area handicap access bathroom, a 5th large office which can be used as a conference room, 2 standing workstations, and a fully equipped kitchen and access to a 2nd handicap bathroom. Suite 2 has its own private entrance on Benson Avenue, (with indoor access as well) includes 2 private offices, a large conference room, and access to a handicap bathroom. Upstairs, discover a stylish 2-bedroom, 1-bath apartment with a spacious private deck with ocean views. The building has been consistently rented and/or occupied, making it an ideal investment. Perfectly located near the Marina, beach, and all that Margate has to offer, this property presents the ultimate blend of residential and commercial opportunity.
Location
State NJ
County Atlantic
Community Margate
Area Margate City
Location Details Corner
Rooms
Other Rooms Eat In Kitchen, Laundry/Utility Room
Basement Slab
Interior
Interior Features Carbon Monoxide Detector, Security System, Smoke/Fire Alarm
Heating Forced Air, Gas-Natural, Multi-Zoned
Flooring Tile, W/W Carpet
Exterior
Exterior Feature Stucco
Parking Features None
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
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Listed by NEW ERA REAL ESTATE-B
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