|Type: Commercial||Style: Commercial|
|City: Ocean City||Area: Central 7th-17th St|
|Sq ft: 1,150||Dimensions: 55 x 75|
Here is a DREAM OPPORTUNITY to acquire highly sought-after premium
OCEAN CITY BEACH BLOCK / OFF-BOARDWALK
commercial corner real estate that features
HIGH TRAFFIC COMMERCIAL VOLUME!
Amazing Corner Property is located in a highly desirable EXTREME High Traffic Corner BeachBlock location, right off the busiest part of the Boardwalk in the heart of Ocean City’s Hospitality Zone. This highly sought-after location happens to also be located along the main corridor connecting the Downtown to the Boardwalk, across the street from one of Ocean City’s busiest bike rental centers, multiple hotels & B&Bs, plus the City’s Municipal Public Boardwalk parking lots which equals HIGH VOLUME TRAFFIC! It doesn’t get any better than this!!
This sale listing is for TWO commercial units- Real Estate Only, Units #2 & #3: Unit #2 consists of the current Grand Slam Ice Cream Parlor & Café operational business & FF&E which is not for sale with this real estate listing; and adjacent unit #3 is currently a leased barber shop.
Corner Unit #2 is ideal for an ice cream shop, donut /desert or pastry & coffee shop; breakfast café or luncheonette, etc . Property features excellent visibility w/huge take-out window exposure along the 8th St side & HUGE OUTDOOR SEATING AREA, second to none, along the Atlantic Ave side, plus loading zone parking spaces right in front to support a take out/pick up business. Outdoor seating area is deeded with eth property, plus you can expand the exterior space even larger with a City permitted café’ license.
Acquiring this prime piece of real estate = LOTS OF OPTIONS FOR YOU: Open & operate your own small business of your choice in the premium commercial corner Unit #2, and collect commercial lease income from Unit #3 for added cash flow. The barber shop lease expires Jan 2019 , which allows the corner business owner a choice of renewing the lease and/or increasing rent OR vacating the tenant in place of a new tenant. Plus, you also have he option to grow your own new corner business by expanding it into this space. Also, this property has the potential of being transformed into a small foodie type restaurant destination, which would require taking over the barber shop to install required venting on exterior wall. Opportunities like this rarely come around, so act quickly. Call today to schedule a showing.
Listings in MLS are posted as following acquisition options:
1. Unit #2 and #3, both units asking $495,000
2. Unit #2 CORNER, asking $345,000 -contingent of the sale of Unit #3
3. Unit #3 End Unit (off exterior back wall of building), asking $185,000 – contingent on the sale of Unit #2
4. Lease Purchase Option for Both Units with $38,000 lease price for corner unit only
(Owner of the current Grand Slam Ice Cream Parlor & Café business currently occupying Unit #2 may be willing to sell the brand new FF&E as a separate Commercial Bill of Sale, otherwise he will be taking all equipment with him upon closing.)
(Currently leased to a barber for approx. $11,000 p/year plus utilities. Lease expired Jan 2017.)
Call Us: (609) 412-5547
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Kristina Doliszny & Robert Doliszny, Ocean City Real Estate Group, Keller Williams Realty Jersey Shore