Homes for sale - 6413 VENTNOR AVE, Ventnor City, NJ 08406

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William Mercogliano III

themercteam@gmail.com +1(856) 472-9836

$3,100,000

Est. payment - /mo

12,000 SqFt

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UPDATED:

09/30/2024 05:01 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $258

MLS Listing ID NJAC2014564

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $27,501

Tax Year 2023

Lot Size 8,699 Sqft

Acres 0.2

Lot Dimensions 75.00 x 116.00

Property Description

Commercial Property Description for Santucci's Bar & Restaurant Discover an exceptional investment opportunity with Santucci's, a thriving bar and restaurant located in a prime area. This versatile property encompasses approximately 9,000 square feet of indoor space and an expansive 3,000 square feet of outdoor deck, perfect for enjoying al fresco dining and entertainment. Key Features: Turnkey Opportunity: The purchase includes a valuable liquor license, the Santucci's franchise rights, and all necessary kitchen equipment, making it a seamless transition for any investor. Restaurant & Bar: The main dining area is fully equipped with a bar featuring an inviting ambiance, arcade games, and pool tables that attract a diverse clientele. The space is designed for both casual dining and lively nightlife, making it a community favorite. Outdoor Deck: The expansive outdoor deck boasts two bars on the upper level and a bar on the first floor, creating a vibrant atmosphere for gatherings and events. This outdoor space is ideal for hosting parties, live music, and seasonal events. Mixed Use Units: Next to the restaurant, you’ll find two well-appointed fully renovated 2-bedroom, 1-bath apartments, providing potential rental income or owner-occupied living. Each unit is spacious and designed for comfort. Store Front Space: The property includes a dedicated store front area, offering flexibility for management or additional revenue potential through rental. This property presents a unique chance for investors looking to enter the hospitality industry or expand their portfolio. With its combination of dining, entertainment, and residential opportunities, Santucci's is poised for continued success and growth. Don't miss your chance to own a piece of this vibrant community landmark!

Location

State NJ

County Atlantic

Area Ventnor City (20122)

Zoning C

Interior

Hot Water Tankless

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility 2+ Access Exits

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Ventnor City Schools

Others

Tax ID 22-00121-00004 01

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Listed by Michael Anthony Marotta • Keller Williams Realty - Wildwood Crest

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William Mercogliano III

+1(856) 472-9836

Broker Associate | License ID: 0893537

Broker Associate License ID: 0893537

6413 VENTNOR AVE Ventnor City, NJ 08406

William Mercogliano III

William Mercogliano III

Key Details

Location

Interior

Exterior

Building

Schools

Others

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