Potential for restaurant expansionHighly visible propertyPrime frontageSpacious upstairs apartmentLaundry areaLarge backyard with storage
Rare Mixed-Use Opportunity in the Heart of Margate! Located on a generous 125’ x 25’ lot in Margate’s bustling retail district, this highly visible property offers an established local pizzeria/restaurant space plus a spacious upstairs apartment. The ground level features approximately 1,600 SF of restaurant space—currently operating as Jace’s Place (formerly Jonuzi’s Margate)—with prime frontage and consistent foot and vehicle traffic. Upstairs, the property includes a 3-bedroom, 1.5-bathroom apartment, complete with an office/bonus room and laundry area, offering excellent rental income or on-site living convenience. A large backyard with storage adds flexibility, with plenty of potential for restaurant expansion or outdoor dining. This is a unique chance to own not only a well-regarded local eatery but also the building and land in one of the shore’s most desirable commercial corridors.
333 days
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16
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Zillow last checked:
Listing updated:
Listed by:
GERARD ROSENBERGER609-457-4672,
MARKETPLACE REALTY
Source: SJSRMLS,MLS#: 600279
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Heating
Forced Air, Natural Gas
Cooling
Ceiling Fan(s), Central Air
Appliances
Included: Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
Source: Keller Williams Realty Atlantic Shore #382096Report a problem
11/10/2011
Price change
$1,000-28.6%
Source: Keller Williams Realty Atlantic Shore #382096Report a problem
8/9/2011
Listed for rent
$1,400
Source: Keller Williams Realty Atlantic Shore #382096Report a problem
4/7/2011
Listing removed
$470,000
Source: Keller Williams Realty Atlantic Shore #374522Report a problem
3/8/2011
Listed for sale
$470,000
Source: Keller Williams Realty Atlantic Shore #374522Report a problem
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Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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