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3119 Revere Blvd 6,750 SF Retail Building Brigantine, NJ 08203 $2,250,000 ($333.33/SF)



Executive Summary
Prime Commercial Bar/Restaurant Opportunity! Rarely available commercial offering in booming Brigantine Beach with Liquor License (Plenary Retail Consumption License with Broad Package Privilege). Former Cellar 32 Bar & Restaurant includes a two-story building comprising 6,750 square feet of bar and restaurant space with ample off-street parking (25 spaces). Seating for 240 patrons. Premier center of island location near Lighthouse Circle, CVS and year-round retail neighbors. Excellent pedestrian traffic and visibility. Re-open the restaurant/bar with liquor store or go with mixed use (commercial/residential), which is permitted in the zone. Amazing potential for bay and AC skyline views. Seller has recent appraisal supporting asking price, available upon request. Also available is a current building environmental report. Perfect opportunity to fill strong market need in a bustling shore town only minutes from Atlantic City! Please note: The redevelopment concept rendering photo may require governmental approvals and should be confirmed by buyers or professionals.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
6,750 SF
Building Class
C
Year Built
1961
Price
$2,250,000
Price Per SF
$333.33
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.57
Lot Size
0.27 AC
Zoning
B1
Parking
25 Spaces (3.7 Spaces per 1,000 SF Leased)
Frontage
90’ on Revere Blvd
Amenities
- Signage
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 03-02901-0000-00001 | Improvements Assessment | $584,200 |
| Land Assessment | $324,200 | Total Assessment | $908,400 |
Property Taxes
Parcel Number
03-02901-0000-00001
Land Assessment
$324,200
Improvements Assessment
$584,200
Total Assessment
$908,400
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3119 Revere Blvd
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