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Mixed-Use Building with Offices
For Sale
Contact for pricing
Pending

3 S Granville Ave, Margate City, NJ 08402

Fully occupied mixed-use building with two rented apartments upstairs and three office spaces on the ground level.

Property SizeContact for details
Days on Market140

Property Features for 3 S Granville Ave

General Information

Standard status Pending
Property subtype Retail, Multifamily, Office, Mixed Use
Occupancy 100%

Units

Multifamily Units 2
Office Units 3

Building Details

Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices Fox & Roach REALTORS Northfield
Listed By: BRYAN BAEHRLE · License #1644942
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 26 at 8:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Fox & Roach REALTORS Northfield

Investment Insights

Based on property information with market context.

This centrally located mixed-use building combines residential and office income in a single property. The second floor features (2) 2-bedroom, 1-bath apartments, currently rented. The ground level contains (3) office spaces, and the commercial portion is fully occupied.

The property is described as being approximately 1.5 blocks from the beach, within a central business district zone.

For buyers seeking a single structure with separate income-producing components, the current configuration provides two residential units above and three ground-floor office spaces, all under occupancy as stated in the public remarks.

Key Highlights

  • Fully occupied mixed‑use building with (2) 2BR/1BA apartments on the 2nd floor and (3) office spaces on the ground level.
  • (2) rented apartments (2BR/1BA) on the 2nd floor.
  • (3) fully occupied offices on the ground level.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Repair Shop Hair Salon Big Box & Wholesale Store Building Supply Nail Salon Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Office units
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

459
Businesses Nearby

Demographics for 08402, NJ

5,291
Population
6,940
Households
0.8
Avg Household Size
59
Median Age
60%
College-Educated
97%
High-School Grad
1.4 sq mi
ZIP Area
3,779
Density / Sq Mi
$114,417
Median Household Income
$73,269
Median Earnings
$1,368
Median Rent
$645,200
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied mixed-use building with two rented apartments upstairs and three office spaces on the ground level.
Where is this mixed-use property located?
The property is located at 3 S Granville Ave Margate City, NJ.
What are key features of this property?
This property features: Fully occupied mixed‑use building with (2) 2BR/1BA apartments on the 2nd floor and (3) office spaces on the ground level.; (2) rented apartments (2BR/1BA) on the 2nd floor.; (3) fully occupied offices on the ground level.
(609) 226-6680 Call to check price and availability
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