2150 Dune 2 Avalon, NJ 08202

Condominium MLS #: 243393 Courtesy Of A. Lewis Purdy Real Estate Inc.,

$2,100,000

4 beds | 1 baths
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Est. Property Tax: $4,710
Estimated monthly payments: $9,572/mo.* (recalculate)

Property InformationDescription

Amazing Mixed-Use Investment Opportunity! This unique property offers an exceptional chance to own a mixed-use building in the heart of Avalon s thriving business district. With a spacious four bedroom residence on the second floor, and a commercial restaurant space on the first, this property is perfect for investors or those wanting to live in a vibrant community while generating rental income. The upper residential seven room unit boasts a spacious, comfortable layout with a living room, dining room and kitchen (with range and dishwasher), four bedrooms, 1 bath and a private deck. This versatile unit is perfect for an owner-occupant or as an additional source of rental income. The first floor features a high-visibility restaurant space ideally situated in Avalon s bustling district. It includes an updated interior and is currently home to one of Avalon's newest and most successful businesses. The commercial unit has a separate entrance from the residential space, providing privacy for both tenants or owners. This space offers a fantastic opportunity for a restaurateur looking to make their mark or for an investor seeking a reliable rental property in a prime location. Located in Avalon s vibrant commercial area with strong foot traffic, this property is an incredible investment opportunity with multiple income streams. You could live in the residential unit while renting out the commercial space, or lease both for even greater returns. Please note that the sale is subject to the final condominium conversion process. The sale consists of real estate only. The business and owner's equipment are not included in the sale. Don t miss this rare chance to own a mixed-use gem in Avalon s sought-after business district. Contact us today to schedule a viewing and explore the possibilities this property offers.

Features

  • Age: Over 50 Years Old
  • Amenities: Deck, Dock, Porch
  • Appliances: Dishwasher, Garbage Disposer, Range, Washer
  • Architecture Style: Other
  • Rooms: Dining Room, Kitchen, Living Room

MAP & DIRECTIONS

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2150 Dune 2, Avalon, NJ 08202
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School Information

2150 Dune 2, Avalon, NJ 08202

Elementary School
Grades KG-4 | Public School
STONE HARBOR ELEMENTARY SCHOOL
Stone Harbor, NJ 08247
275 93rd St
609.­368.4413
Distance: 3.8 mi
School Rating
D+
Student:Teacher Ratio
10:1
Total Students
92
Elementary School
Grades 5-8 | Public School
AVALON ELEMENTARY SCHOOL
Avalon, NJ 08202
235 32nd St
609.­967.7544
Distance: 0.5 mi
School Rating
B-
Student:Teacher Ratio
6:1
Total Students
77
Middle School
Grades 5-8 | Public School
AVALON ELEMENTARY SCHOOL
Avalon, NJ 08202
235 32nd St
609.­967.7544
Distance: 0.5 mi
School Rating
B-
Student:Teacher Ratio
6:1
Total Students
77
High School
N/A
Other Nearby Schools Distance Type Grades School Rating
Cape May County Technical High School 4.3 mi Public 9-12 C-
Ocean Academy 4.3 mi Public PK-8
Cape May County High School 4.3 mi Public 9-12
Cape May Regional School 4.3 mi Public 7-12
Bishop Mchugh Regional Catholic 4.7 mi Private PK-8
Dennis Township Primary School 6.1 mi Public PK-2
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Avalon, NJ 08202

Median Age: 64.8
Married: 66%
Number of Households: 707
Households with Children: 9.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 Cape May County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.