733 Asbury Ave
Ocean City, NJ 08226
Retail Store For Sale- DOWNTOWN SHOPPING · Retail Property For Sale

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! 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. Call today for a showing.