Listed by Sackman Realty
$5,000,000
710 Mattison Ave
Details
Property Type Retail, Multifamily
Sub Type Apartment Building
Square Footage 39,600
Units 48
Price per SqFt $126
Year Built 1911
Stories 5
Acreage 0.300
Retail | 39,600 SqFt
Marketing 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.
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Listed by Sackman Realty
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