SOLD
Commercial Lease

527 Lake Avenue

Asbury Park, NJ 07712

Sale Details

Sold Price
$3,000,000
Sold Date
1/9/2026

Description

A rare opportunity to lease 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. Landlord is seeking $500,000 in key money for fully built out space. 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.

Features & Zoning

Business Type

Restaurant

Zoning Description

Residential, Mixed, Commercial, Central Business

Listing Courtesy Of

Matthew Warncke at Sackman Realty


Sold By

Eva A Michaylin at Sackman Realty

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