Gent Mema Orbelin Bitraj And Joshua Friedberg Acquire Salty Mermaid Bar & Grille For $2.45M

The property asset involved in this transaction is a retail establishment located at 2507 Delaware Avenue in North Wildwood. The sale price was $2,450,000. The transaction included a liquor license and a three-bedroom, two-bathroom single-family home, contributing to its value in the market.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,450,000
• Buyer: Gent Mema, Orbelin Bitraj & Joshua Friedberg
• Broker: Fred DiAntonio - Cape May Commercial by The DiAntonio Group
• Market: North Wildwood
• Included: Liquor license and a three-bedroom, two-bathroom single-family home

Gent Mema, Orbelin Bitraj, and Joshua Friedberg previously purchased Trio Restaurant and have now added the Salty Mermaid Bar & Grille to their portfolio. Fred DiAntonio represented them in this transaction, noting the establishment's modern, move-in-ready condition, which was a factor in facilitating the rapid sale.