For Sale! An Entire Block in this Magnificent Jersey Shore Beach Town
What? How can this even be possible? It's true.
Do you want to own a block on the Jersey Shore? I didn't even know this was possible.
According to nj.com, it's for sale right now in beautiful Avalon. Now, you can only imagine how expensive this would be, but it's for sale from cbredealflow.com. This block has been owned and operated for almost thirty years and now it's up for sale. CLICK HERE to check out the block for sale.
This block of the beautiful Jersey Shore is located in Cape May County. I love this town of Avalon and it's only a couple blocks from the beach. There is no sale price listed but it would include two liquor licenses, buildings, parking lots, and undeveloped land. I can't even imagine what the price of this block would be. Can you even imagine?
According to Coldwell Banker Richard Ellis, a commercial real estate service and investment firm coordinating the sale, says what investors can expect, according to nj.com...
“Offers investors a rare combination of existing cash flow from the most successful food and beverage operations on the island and significant upside through future development.”
The block in Avalon is called the Princeton and Whitebriar Block. With the restaurants on this block alone, this block generates more than ten million dollars with the restaurants alone, according to nj.com.
CLICK HERE to check out this amazing block. It's something I can only dream about. Avalon is gorgeous and quaint, in my opinion.
If you could buy a block in any beach town at the Jersey Shore, where would it be?