527 Lake Avenue, Asbury Park, NJ 07712

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Sold Price
$3,000,000
List Price
$6,500,000
Status
CLOSED
Type
Commercial
MLS#
22509513
Closing Date
Jan 09, 2026
Region
Asbury Park (ASB)

Property Description

A rare opportunity to buy a fully built-out, high capacity restaurant in one of New Jersey's most vibrant and fast-growing coastal destinations. 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 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. 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.

Additional Information

Zoning
Central Business, Commercial, Mixed, Residential
Closing Date
Jan 09, 2026
Subtype
Commercial
Lot Description
Lake on Lot
Basement
Locked Storage, Tenant Storage
Roof
Other
Heat Ac
Forced Air
Parking Driveway
Off Site
Stories
2
Electric
Other - See Remarks

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Calculator source: Real Geeks

Listing courtesy of Sackman Realty. Contact:

Selling Office: Sackman Realty.