Politics & Government

No Bidders for 10th Ave. Pavilion Unit

Belmar has yet to find a tenant for one of its boardwalk vacancies

Belmar has yet to find a tenant for one of the several commercial units it owns on the borough's boardwalk.

On Feb. 16, the borough council held open bidding for a vacancy in Unit C of its 10th Avenue Pavilion. A winning bid would have required at least $45,000 and an immediate deposit of $5,000, however no interested parties came forward.

This is the second time the unit has attracted no bidders.

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In January, units A and B of the pavilion were both bid on successfully by their previous tenants for $18,000 and $28,000 respectively.


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