Courtesy: Morgan Sackman - Sackman Realty
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.
22329691
Mixed Use, Business Opportunities, 3+ Story
Monmouth
1911
0.3
Acres
Public
5
Public Sewer
39,600
Sq. Ft.
Exterior / Lot Features
- Parking
- Off Site.
- Lot Dimensions
- 129 x 100
Financial Considerations
04-02402-0000-00003
$38,517
Arrows indicate 90 day trend
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