Sold
2522 Dune Drive Unit: 2
Avalon NJ, 08202
$1,800,000
$1,193.63 per sqft
Sold
3 Beds
2 Baths
1,508 sqft
Condo
Built in 1940
Rare opportunity to own a commercial unit, packaged with an above residential unit in the very desired heart of Avalon's Business District. As one of the largest street-level retail units available in town, this unit features 1480 square feet of space along with an additional outside common area with the exclusive use to this unit. The 1,508sqft unit above has 3 bedrooms, 2 bathrooms, vaulted ceilings, and two additional rooms to be used for storage. A window can be built into one of these rooms to convert it into a fourth bedroom. This popular location has a great deal of foot traffic during the busy season. The primary business has been operating as a Bicycle shop for over 20 years. A small portion of the store (480 square feet) has been sub leased out to a tenant who sells Acai bowls, smoothies, and coffee products. The sub lease is valid through 2025 and the current bicycle shop lease expires Oct 2022. The tenant is open to extend through 2025 if buyer would like to.
221847
MLSⓇ ID
June 15, 2022
Listed
February 16, 2024
Updated
Map
2522 Dune Drive Unit: 2
Avalon NJ, 08202
Interior Features
Bedrooms
3 Beds
Bathrooms
2 Baths
Appliances
Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Gas Natural
Exterior/Building Features
Lot Features
Island
Sewer
City
Other Property Details
Area Name
Avalon
Days on Market
230
Garage
No
View
No
County
Cape May County
Municipality
01-Avalon Borough
Water Source
City
Pool
No
Courtesy of Tim Kerr Sotheby's International Realty,
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Ryan Vince shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 2:07 AM UTC 2/16/2024