2522 & 2520 Dune Drive Unit 2

$2,000,000

2522 Dune Drive Unit 2520 Dune Drive, Avalon, NJ 08202

For Sale

MLS ID: 221847

  • 3 BEDROOMS
  • 2 FULL BATHROOMS

Amenities

Interior

  • total bedrooms 3
  • Total bathrooms 2
  • full bathrooms 2
  • Appliances Range Oven Microwave Oven Refrigerator Washer Dryer Dishwasher Disposal Smoke/Fire Detector

Exterior & Building

  • Stories 2
  • water Source City
  • parking Assigned Parking
  • Heat Type Gas Natural
  • Air Conditioning Central Air
  • sewer City

Financial Details

  • Sales Price $2,000,000
  • Real Estate Tax $5,234
  • HOA Fees

Area & Lot

  • Status For Sale
  • Living Area 1,508 Sq.Ft.
  • MLS ID 221847
  • Type MULTI_FAMILY
  • Architecture Styles Two
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Property Details

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.

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Work With Ryan

Listening and understanding his clients needs and wants is one of Ryan's best attributes. Always making his clients feel at ease, Ryan's knowledge base of the island is there for you before, during, and after a sale is complete.

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