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527 Lake Ave
Asbury Park, NJ 07712

$25,000 USD/MO

Storefront For Lease  •  10,000 SF

Property Details

  • Property Type Storefront
  • Year Built 1950
  • Total Building Size 20,000 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning CBD
0 Transit Score
97 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste 1 Retail 10,000 SF $30.00 USD/SF/YR
$25,000.00 Per Month Triple Net. 6,000 SF main dinning and kitchen area, 4,000 SF basement, 9100 SF built out roof deck with full bar, bathrooms and prep area.  

Landlord is seeking $500,000.00 in key money for fully built out space.  

A rare opportunity to lease a fully built-out, high capacity restaurant space in one of New Jersey's most vibrant and fast-growing coastal destination.  Located on a prominent corner in downtown Asbury Park, just blocks from the boardwalk and New Jersey Transit, this venue is ready for immediate operation for the summer under new tenancy. 

This space features a fully built out kitchen, enormous rooftop deck designed to accommodate large crowds.  With existing infrastructure for food, beverage and live entertainment, the property is ideal for seasoned operators looking to plug into the area's thriving hospitality scene.  

 CALL NOW FOR MORE INFORMATION

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Built out as: Restaurants And Cafes
  • Space Type: Relet

Amenities

  • Air Conditioning

Major Tenants

Tenant SF Occupied Lease End Date
Asbury Festhalle & Biergarten

Public Transportation

Commuter RailDriveWalkDistance
Asbury Park (North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit)) 2 min 6 min 0.3 mi
Bradley Beach (North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit)) 3 min - 1.2 mi
Transit/SubwayDriveWalkDistance
Asbury Park (North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit)) 2 min 6 min 0.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Morgan Sackman 914-610-5071 Sackman Realty
Morgan Sackman 914-610-5071 Sackman Realty