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$ 999,900
Est. payment | /mo
1,306 Sqft Lot
$ 999,900
Est. payment | /mo
1,306 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 595024
Style Restaurant & Bar
Year Built 1903
Annual Tax Amount $3,916
Tax Year 2024
Lot Size 1,306 Sqft
Property Description
Prime Mixed-Use Duplex Opportunity in the Heart of Ocean City, NJ! Located on the most prime corner in America's Greatest Family Resort, this high-exposure corner property is located right behind City Hall and sits on the gateway through downtown on 9th Street, the main artery leading to the boardwalk and beach. The commercial space is rented year to year ($3,500 per mo. + utilities) complete with restaurant equipment, large walk-in, central air, and coveted outdoor dining. (furniture is owned by the restaurant owners) Above, is a very spacious two-story, 2-bedroom, 1.5-bath townhome apartment offering a great income producing rental, or have for personal use. This unit comes fully furnished and equipped featuring a spacious open layout, large dining room, and a fantastic porch overlooking 9th & Central, central air, and gas heat. There are currently 3 weeks booked from late June to mid July for $7k. Whether you're an investor seeking prime rental income or an entrepreneur looking for unmatched downtown visibility, this property delivers. Don't miss this rare chance to own a cornerstone of Ocean City's bustling downtown!
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/Central
Location Details Corner
Interior
Heating Gas-Natural
Flooring Carpet-Wall to Wall
Building
Sewer Public Sewer
Water Public
Listed by eXp Realty - Ocean City S382K