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| Type: Business Only | Style: 2-Story |
| City: Ocean City | Area: Boardwalk |
| Sq ft: Approx 3,200 | Dimensions: 30 x 144 Irr |
Features:
- Loading Dock Back Door-Deliveries
- 30 Ft Boardwalk Frontage FF&E For Sale Separately
- Premier Boardwalk Location 3 Parking Spots
- Side Exit/Entrance to Accomodate Customer Traffic Flow
Property Description:
BOARDWALK DREAM
OPPORTUNITY
Incredible rare opportunity for Commercial Lease in HEART OF OCEAN CITY’S BOARDWALK!!! Subject property is located in an absolute premier Boardwalk location and ideally suited for any type of food/beverage restaurant business. The commercial lease offering features approximately 3,200 sq ft of restaurant space; 30 ft of Boardwalk Frontage, complete with two handicap accessible bathrooms; a terrific loading doc; backdoor delivery access; 3 parking spots; plus a side exit/entrance for all your customer traffic flow.
Subject commercial space available for lease is approved for any type of commercial retail or food service application. Only deed restriction is the sale of ice cream.
Existing tenant operates popular restaurant/food business & currently occupies TWO large commercial condos as ONE very large commercial unit. As a new tenant, your triple-net lease can be either for a Three or Five Year term w/options to renew.
This COMMERCIAL SALE and COMMERCIAL LEASE OFFERING is listed and available as the following:
1) ONE LARGE SPACE FOR $130,000: New Lease LOI is subject to current Tenant vacancy & release of current lease. Unit is available AS IS for $130K, plus CAM & utilities. Lease agreement may contain an option to renew for one or two like terms, depending on the newly negotiated lease structure.
2) ONE OF TWO INDIVIDUAL CONDOS [$85K & $75K]: Landlord/Owner has the same space also listed as two individual commercial units: one listed for triple net lease of $75,000, and another listed for$85,000, each under separate MLS#s. These two condos are currently available for commercial use as an alternative option for leasing the one large commercial condo space, whereas a lease execution of one smaller unit is contingent on the lease execution of the 2nd smaller unit.
Commercial Condo For Lease $85,000: Click Here For Listing
Commercial Condo For Lease $75,000: Click Here For Listing
3) FF&E PURCHASER FOR $125,000 w/new Tenant Lease: You, as the prospective restaurant/food-beverage tenant, may have the option to purchase the current tenant’s FF&E pictured in photos from existing restaurant business owner, also offered for sale for $125,000. (Originally asking $175,000). Furniture, Fixtures & Equipment + fit-out of a top-of-the-line restaurant/food business is all “almost brand new”. Current tenant represents a capital investment of approximately $340,000. Business sale is strictly for FF&E purchase w/approved new Tenant lease with Landlord lease approval. Business name & goodwill NOT for sale. Call us now to request a complete FF&E list.
Tenant’s Business Sale of FF&E
Was Asking: $175,000
Now Reduced to: $125,000
Click Here For Listing
All prospective tenants MUST BE PRE-QUALIFIED IN ADVANCE of showing appointment. A Credit Application with a credit check and credit references along with a Proof of Funds are required with a submitted LOI for Landlord’s consideration.
Showing appointments must be scheduled 24 hrs in advance and are agent accompanied. Call Us Today to Schedule a Showing at (609) 412-5547
Call Us: (609) 412-5547
Ocean City Real Estate Group, Keller Williams Realty - Jersey Shore, Robert Doliszny & Kristina Doliszny