5217 Ventnor Ave, Ventnor City, NJ 08406
This brand-new, 3,000-square-foot commercial building in Ventnor City, NJ, is ideally located near Ventnor Square Theatre, Knucky's, and Sack O' Subs. The open space is perfect for a restaurant or bar, complemented by a beautiful outdoor veranda and pavered patio. Built from the ground up, it boasts all-new plumbing, electrical, roofing, and siding. Two included 2-bedroom, 1-bathroom apartments, each with gas heat, central air, and in-unit laundry, offer additional income potential. Two dedicated parking spaces are also provided. Construction is slated for completion by October 2024, allowing for customization to your specific needs. The asking price is $3,100,000. Located at 5217 Ventnor Ave, Ventnor City, NJ 08406. The property is zoned for commercial use and the possibility of obtaining a liquor license should be explored.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.