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Mixed-Use Building with Restaurant
New
For Sale
$1,699,000

9402 Ventnor Ave, Margate, NJ 08402

COMMERCIAL/INDUSTRIAL, Margate, NJ

Property SizeContact for details
Days on Market2

Property Features for 9402 Ventnor Ave

General Information

Property type Commercial Sale
Property subtype Other
Security features Security System
Interior features 220 Volt Electricity, Fire Sprinkler System, Handicap Features, Living Space Available, Restroom, Security System, Smoke/Fire Alarm
Exterior features Sign
Accessibility Accessible Approach with Ramp
Lot features Business District
Directions /
Subdivision Margate City
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5407

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Zoned
Cooling system Central Air
Water source Public

Amenities

front deck

Building Details

Year built 1925
Number of units 2
Flooring type Concrete
Roof type Asphalt
Listing Agency: BHHS FOX and ROACH-Margate II
Listed By: DANA HARTMAN · License #0679612
Added: Oct 5 Last Checked: Oct 6 at 5:06PM
MLS# 612578

Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1925 mixed-use property combines a restaurant with an upstairs apartment that is currently vacant. The apartment has two bedrooms, 1.5 baths, an open layout, vaulted ceilings, a front deck, and an in-unit washer and dryer. The apartment has been updated, and the building has new HVAC.

The property fronts Ventnor Avenue in Margate, two blocks from the beach. Public water and sewer serve the building. Additional features include central air, zoned natural gas heat, a fire sprinkler system, and an accessible approach ramp.

Key Highlights

  • Ground‑floor restaurant with an upstairs, currently vacant apartment
  • Two‑bedroom apartment with 1.5 baths, vaulted ceilings, and an open layout
  • Front deck and in‑unit washer and dryer

Property Analytics

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Current Use

Liang's House Margate Restaurant

Suggested Use

Top Pick Auto Repair Shop Parking Lot & Garage Building Supply HVAC Service Garden Center (Bike/Boat/Book/etc) Store

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

1
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

435
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Wawa Shops & Services
11,925 visits/mo 0.1 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - An operating restaurant occupies the ground floor, with a vacant two-bedroom apartment above.
Where is this mixed-use property located?
The property is located at 9402 Ventnor Ave Margate, NJ.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Ground‑floor restaurant with an upstairs, currently vacant apartment; Two‑bedroom apartment with 1.5 baths, vaulted ceilings, and an open layout; Front deck and in‑unit washer and dryer
More about this property
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