|Type: Commercial||Style: Commercial|
|City: Ocean City||Area:|
|Sq ft: 2500||Dimensions: 30 x 100|
- Centrally located DOWNTOWN SHOPPING District
- 2,500 sq ft of retail or restaurant space Central Air/Central Heat
- Security System Storage + bathroom
ATTENTION ALL RETAIL, RESTAURATEURS & COMMERCIAL BUYERS/INVESTORS!
Here is an OUTSTANDING opportunity to own a highly desirable commercial retail property in the heart of Ocean City’s DOWNTOWN SHOPPING DISTRICT! Own your own & operate business or lease it out.
Property sits on the busiest downtown street right across, beside & near several of Ocean City’s longtime destination landmarks (Wards Pastry, 7th St Surf Shop, Hallmark, Hoy’s 5 & 10, Sunrose Books, Island Gypsy, Interiors by Joann, Jon & Patty’s Restaurant & others). Property features approx. 2,500 sq ft of retail space lease space which rents for about $3800- $4400 p/month plus utilities (approx. 8% cap). Current retail space is fitted out with 2 display windows, hardwood floors; cashier’s desk, several fitting rooms, bathroom, storage rooms and security system.
Tons of year round foot traffic will make any business in this location very successful and thrive and become a landmark destination of its own. Act quickly, desirable properties with locations like this simply don’t last long.
This property is zoned mixed use/multifamily so development of commercial + 2 residential units on top may pose a future investment opportunity for a buyer. Sale may be subject o a subdivision of current 60 x 100 commercial property associated with Unit A (Hallmark store) for this listing. Opportunity for other commercial acquisitions may also be available with this purchase.
This Property is also listed and available FOR COMMERCIAL LEASE. Please CLICK HERE for leasing information.
Call (609) 412-5547 today for a showing.
Call Us: (609) 412-5547
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Kristina Doliszny, Ocean City Real Estate Group, Keller Williams Realty - Jersey Shore