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| MLS #: 603342
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| 503-505 E 9th Street,Ocean City NJ - Active |
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| Price: $2,374,999 |
| Beds: 0 Baths:
0 Half: 0 |
| Type:
COMMERCIAL/INDUSTRIAL |
| Lot Size: 503 24x47; 505 24x47 |
| 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, monthly rental is $3957 lease ending November with 3% annual increase (business not included in sale). Three (ea) 3-Bedroom 1-Bath Apartments & 1 (ea) 3 bedroom 2 bath aptartment — 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! Property is being sold "As Is". Inspections performed are for informational purpose only. Owners will consider selling separate addresses. For example, separate offers on 503 or 505 |
| PROPERTY FEATURES |
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Status: Active
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Lot Dimensions: 503 24x47; 505 24x47
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Water: Public
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Interior Features: 220 Volt Electricity,Fire Sprinkler System,Restroom,Smoke/Fire Alarm
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Location: Boardwalk,Business District
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Sewer: Public Sewer
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Water Heater: Electric
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Heating: Baseboard,Gas-Natural,Hot Water
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Cooling: Window Units
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Parking - Exterior: None
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| ADDITIONAL PROPERTY PICTURES |
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Listing Courtesy of BERGER REALTY-Main.
© 2017 South Jersey Shore Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional MLS. Real Estate listings held by brokerage firms other than Grace Realty are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but is not guaranteed. The broker providing these listings to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. |
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