|
BACK TO SEARCH RESULTS |
 |
| MLS #: 611102
|
| 704 Asbury Ave,Ocean City NJ - Active |
|
|
|
Email This Property To A Friend
|
| Price: $1,650,000 |
| Beds: 0 Baths:
0 Half: 0 |
| Type:
COMMERCIAL/INDUSTRIAL |
| Lot Size: 40x100 |
| PROPERTY DESCRIPTION |
| Rare Downtown Ocean City Commercial Investment opportunity. Blue Chip 700 block of Asbury Ave on a 40x100 oversized lot with 3850 square feet of retail/restaurant space currently used as 2 "TWO" commercial storefronts. One unit is 2500 sq ft and the other is approximately. 1350 sq ft. High traffic location next to Landmark Cafe, 7th Street Surf Shop, Hoys and many other fine shops. Current Tenants are "Triple A" with Long term Leases with adj. Inflation increases. Long term this property has uses for development of a Mixed use condo development. All Masonry building is low Maintenance. Buildings Mechanicals were updated in 2013-14. Perfect opportunity for an investor looking for a no-hassle predictable long term income stream with upside opportunity for future use or development. |
| PROPERTY FEATURES |
|
Status: Active
|
|
Lot Dimensions: 40x100
|
|
Water: Public
|
|
Interior Features: 220 Volt Electricity,Storage
|
|
Location: Business District
|
|
Sewer: Public Sewer
|
|
|
Water Heater: Gas
|
|
Heating: Forced Air
|
|
Cooling: Central
|
|
Parking - Exterior: None
|
|
|
|
|
|
| ADDITIONAL PROPERTY PICTURES |
 |
|
Listing Courtesy of Compass New Jersey-Ocean City (O463E).
© 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. |
|
