Commercial For Sale near Wesley Lake

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.

Property Details

  • Beds: 0
  • Baths: 0.0
  • Sq Feet: 39600
  • Year Built: 1911
  • Location: Wesley Lake
  • Acres: 0.300
  • County: Monmouth County
  • Garage: Offsite
  • Roof:
  • Stories: 5
  • MLS #: 22513493

Location

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Contact Information:

Contact Agent
Listing Agent: Matthew Warncke, Sakman Realty, 732-798-8188, 732-798-8188 Listing Site, Listing Status: Active
Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Commercial For Sale in Asbury Park, New Jersey
Ad Number : 7132101
Viewed: 2 times
Added: Jan 01, 2026
Updated on: Jan 01, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.