710 Mattison Avenue, Asbury Park, NJ 07712

$5,000,000

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List Price
$5,000,000
Status
ACTIVE
Type
Commercial
MLS#
22513493
Region
Asbury Park (ASB)
Year Built
1911

Property Description

PERFECT OPPORTUNITY ZONE INVESTMENT: This downtown building is already approved for 48 Microunit apartments. The building consists of a development site for the microunit apartments and one of the last remaining historic theaters in Asbury Park, The Savoy Theater. The Savoy opened as a live entertainment venue, a Vaudeville and tour house where Loise Brooks, Milton Berle, and James Cagney have performed. It was designed by Casino architect William Cottrell. Seller will also sell property across the street in order to meet development parking needs, as well as a liquor license for restaurant use.

Additional Information

Acres
0.30
Subtype
Commercial
Year Built
1911
Parking Driveway
Off Site
Stories
5
Electric
Other - See Remarks

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Listing courtesy of Sackman Realty. Contact: