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Coldwell Banker

James C. Otton Real Estate, Inc.



Listing Price:$7,499,000.00
Listing ID:261215
Property Type:Mixed Use
Bedrooms:0
Bathrooms:0.0
Lot:45, 46
Block:21.04
Lot Size:1 to 6000 SqFt


Additional Information

Welcome to the heart of Avalon, known as the Circle Pizza Plaza, a prime investment opportunity in the best seashore community New Jersey has to offer. This unique property sits on just over half an acre of land and features five commercial and four residential spaces, all fully rented and generating steady income. It is currently home to one 4 bedroom 2 bath, one 4 bedroom 1 bath, one 3 bedroom 1 bath, and one 2 bedroom 1 bath residential units. The five commercial spaces host some of Avalon’s most iconic eateries. Situated at one of Avalon\'s most desirable corner locations and overlooking the historical Veterans Plaza, known as “The Circle,” this location is the hub of Avalon and is part of everyday life in town. The Circle is visited or spoken of daily by both visitors and residents. The potential for future expansion or enhancements makes this offering an attractive opportunity for the savvy investor. Do not miss out on this rare chance to own one of Avalon\'s culinary and real estate legacies. Contact us today for more information and to schedule a viewing of the Circle Pizza Complex. The restaurants and equipment are not included in the sale.


Map


Features

Total Rooms Bedrooms0
Full Bath 0 Half Bath0
# of Stories Lot Dimensions130X187 IR
Year Build 1965 # Units9
Lot Size 1 to 6000 SqFt Tax Year2025
Tax 19596.00AreaAvalon
SQFT
OutsideFeaturesDeck, Outside ShowerParkingGarageAssigned Parking
HeatingGas Natural, Electric, Forced Air, Hot WaterCoolingCentral Air
HotWaterElectric, GasWaterCity
SewerCity

Listing Courtesy of A LEWIS PURDY REAL ESTATE INC.
Let Coldwell Banker James C Otton Real Estate be your buyer's agent for this listing. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.

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