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In-PersonVirtual Tour
$ 7,499,000
Est. payment | /mo
$ 7,499,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 261210
Year Built 1965
Annual Tax Amount $19,596
Tax Year 2025
Lot Dimensions 130X187 IR
Property Sub-Type Mixed Use
Property Description
Welcome to the heart of Avalon, known as the Circle Pizza Plaza, a prime investment opportunity in the best seashore community New Jersey has to offer. This unique property sits on just over half an acre of land and features five commercial and four residential spaces, all fully rented and generating steady income. It is currently home to five restaurants including some of Avalon's most iconic eateries. Situated at one of Avalon's most desirable corner locations and overlooking the historical Veterans Plaza, known as “The Circle,” this location is the hub of Avalon and is part of everyday life in town. The Circle is visited or spoken of daily by both visitors and residents. The potential for future expansion or enhancements makes this offering an attractive opportunity for the savvy investor. Do not miss out on this rare chance to own one of Avalon's culinary and real estate legacies. Contact us today for more information and to schedule a viewing of the Circle Pizza Complex. The restaurants and equipment are not included in the sale.
Location
State NJ
County Cape May County
Area Avalon
Zoning B-1
Location Details Business District
Interior
Heating Gas Natural, Electric, Forced Air
Cooling Central Air Conditioning
Building
Lot Description Business District
Story 2
Sewer City
Water City
Others
Virtual Tour https://view.paradym.com/showvt.asp?sk=301&t=4862224
Listed by A LEWIS PURDY REAL ESTATE INC
Nearby Locations
Scott Zielinski
Team Leader - Realtor® Associate | License ID: 1645364
+1(856) 264-8671 | scott@zhomesrealestate.com