949 Asbury

Ocean City, NJ, 08226

$2,500,000

$2,500,000
Active
Active
 - For Sale
property_type
Commercial
Great opportunity on Asbury Ave in prime downtown area of Ocean City, NJ. For sale is a mixed-use building with established restaurant and two 3 bedroom 1 bathroom apartments. Restaurant was recently outfitted with upgraded kitchen equipment, ceramic tile, and freshly painted. Boasts a large dining area for customers and huge walk-in refrigerator. The apartments are currently under major renovation featuring new kitchens w/ stone counter tops and stainless steel appliances, new custom tiled bathrooms, flooring, and recessed lighting. Each apartment will have brand new multi-zoned heating and air conditioning. The property is in a premium location and has 2 off-street parking spots. Alternatively, purchase this property as an investment and rent the fully equipped, turnkey restaurant along with the two apartments. Current business is willing to stay and sign a multi-year lease.
MLS® ID:
564594
Updated:
9/25/22

Exterior/Building Features

Lot Size
3,049 ft² lot

Other Property Details

Area Name
Ocean City/Central
Taxes
$6536
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Cape May
Pool
No
Total Stories
2

 

Courtesy of MONIHAN REALTY

Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Dwell Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2022 South Jersey Shore Regional MLS. All rights reserved.

Data last updated 4:44 PM UTC, 9/25/22

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