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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 595719
Style Restaurant
Annual Tax Amount $8,452
Tax Year 2024
Property Description
Golden Investment Opportunity – Prime Downtown Ocean City Real Estate! Here's your rare chance to capture both the “Golden Goose” and the “Golden Eggs”! Located at the high-traffic corner of 9th Street & Central Avenue, this offering includes: Two Commercial Units (503 & 505) — Highly visible and currently leased to a thriving restaurant with approx. 2000 sq ft (business not included in sale). Four 2-Bedroom, 1-Bath Apartments — Fully leased at $1,600/month each, providing immediate rental income. This is a trophy location on the northeast corner of 9th & Central, delivering excellent visibility from both foot traffic and beach-bound vehicles. Key Highlights: Prime downtown Ocean City address Established rental income stream Strong commercial tenant in place High-visibility corner lot Don't Miss Out — Opportunities like this don't come often. Secure a premier income-generating property in the heart of Ocean City today!
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/Central
Location Details Boardwalk,Business District
Rooms
Basement Slab
Interior
Interior Features 220 Volt Electricity, Fire Sprinkler System, Restroom, Smoke/Fire Alarm
Heating Baseboard, Gas-Natural, Hot Water
Exterior
Parking Features None
Roof Type Flat,Tar
Building
Sewer Public Sewer
Water Public
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Listed by BERGER REALTY-Main
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Joseph Asterino
Broker Associate | License ID: AB066344
Broker Associate License ID: AB066344