4416 Pacific Avenue $699,000

RESTAURANT / 3 APARTMENTS - THIS IS A RARE SITE - 4 Unit Mixed Use Property. This High Traffic Restaurant has always been a Money Maker. If you are in the Restaurant Business and looking to Re-locate to the Wildwoods this Property gives you an Ideal Location just a Short walk to the Beach / Boards and Surrounded by Hundreds of Rental Units that Turn over with New Renters Weekly. To add to that we have 3 Rental Properties that throw off Cash to more than cover the Carrying Costs of the Property. These units are Located in 2 Separate Buildings. Front Building Consists of the Fully Equipped Restaurant ( up to 50 Seats ) set up for Pizza, Sandwiches and Breakfast . Anyone in the Business will Appreciate the 13 Foot Hood, Pizza Ovens, Mixers, Bain Maries, Refrigeration, Gas Fired Grill, and Fryers. With this Size of Kitchen and Hood the Concept Options are Limitless. Above the Front Building is a 2/3 Bedroom 1 Bath Apartment that has been conveniently used by the Restaurant Operator. The Rear Building Consists of 1st Floor - 2 Bedroom 1 Bathroom Apartment, 2nd Floor is also a 2 Bedroom 1 Bath Apartment. As a Property Owner myself, the best thing about this Property besides it having 4 Units is that it sits on a Small Lot, which means Minimal Property Taxes. All Building No Unused Land to pay Taxes on !!

This listing is provided courtesy of COASTAL ELITE REALTY