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Executive Summary
Well established, fully equipped, turnkey restaurant for sale in booming downtown Asbury Park, NJ. Located in the heart of "Restaurant Row" on Cookman Avenue, in Asbury Park's Central Business District, this popular bar and eatery has been thriving for over 20 years at this location. A very rare offering in Asbury Park, where the sale will include the real estate (3 contiguous commercial condominiums) comprising the entire ground floor of the building, the business, all equipment, furnishings, inventory and liquor license. First floor area (restaurant) includes 4,170 SF including an "open kitchen" design with an additional 4,370 SF of useable basement where all refrigeration, prep, storage, wine room, etc. are located. Be part of the most "happening" town along the Jersey Shore.
Property Facts
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
10,936 SF
Building Class
C
Year Built/Renovated
1900/2000
Price
$5,201,174 CAD
Price Per SF
$475.60 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
12.85
Lot Size
0.02 AC
Opportunity Zone
Yes
Frontage
53’ on Cookman Ave
Walk Score®
Walker's Paradise (96)
Bike Score®
Very Bikeable (80)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,684,074 CAD | |
| Land Assessment | $1,578,830 CAD | Total Assessment | $5,262,904 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,578,830 CAD
Improvements Assessment
$3,684,074 CAD
Total Assessment
$5,262,904 CAD
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522 Cookman Ave
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