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9200 Ventnor Ave 3,500 SF 50% Leased Office Building Margate City, NJ 08402 $2,986,319 CAD ($853.23 CAD/SF)
Investment Highlights
- Prime Margate location near the Parkway Section
- 1st floor can be for owner/user
- 2nd floor is tenanted
- Central to business and restaurant district
- Corner location
- Redevelopment potential
Executive Summary
Don’t miss this exceptional mixed-use opportunity ideally positioned at the edge of Margate’s sought-after Parkway section and its vibrant business district. This highly visible corner property was fully renovated in 2015 and features three separately metered units, offering over 3,500sq. ft. of flexible office and residential space. The main level welcomes you with a spacious, glass-enclosed reception area complete with a front desk and ample seating. Beyond, Suite 1 offers a large central workspace with seven custom built-in workstations, four private offices (including a primary office with its own bath), a fifth oversized office or conference room, two standing workstations, a fully equipped kitchen, and two ADA-compliant bathrooms. Suite 2, with its own private entrance on Benson Avenue (as well as interior access), includes two private offices, a generous conference room, and access to an ADA-compliant bathroom. Upstairs, a stylish two-bedroom, one-bath apartment provides additional income potential, complete with a spacious private deck and ocean views. With a strong history of occupancy, this property is a standout investment. Located just moments from the marina, beach, and all that Margate has to offer, it delivers the perfect blend of commercial visibility and coastal living.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,500 SF
Building Class
C
Year Built/Renovated
1950/2015
Price
$2,986,319 CAD
Price Per SF
$853.23 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,750 SF
Building FAR
1.02
Lot Size
0.08 AC
Zoning
CBD - CBD - Commercial Business District
Amenities
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $507,585 CAD | |
| Land Assessment | $469,636 CAD | Total Assessment | $977,221 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$469,636 CAD
Improvements Assessment
$507,585 CAD
Total Assessment
$977,221 CAD
Contacts
-
Andrea Tannehill -
Mark Arbeit
-
Sean Tannehill
- Mark Arbeit and Company - Marketplace Realty
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Mark Arbeit and Company - Marketplace Realty
9200 Ventnor Ave
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