503-505 E 9th Street Ocean City, NJ 08226
Other
MLS #: 603342
Courtesy Of Berger Realty
Property InformationDescription
Golden Investment Opportunity Prime Downtown Ocean City Real Estate! Here s your rare chance to capture both the golden goose and the golden eggs! Located at the high-traffic corner of 9th Street & Central Avenue, this offering includes: Two Commercial Units (503 & 505) Highly visible and currently leased to a thriving restaurant with approx. 2000 sq ft, monthly rental is $3957 lease ending November with 3% annual increase (business not included in sale). Three (ea) 3-Bedroom 1-Bath Apartments & 1 (ea) 3 bedroom 2 bath aptartment Fully leased at $1,600/month each, providing immediate rental income. This is a trophy location on the northeast corner of 9th & Central, delivering excellent visibility from both foot traffic and beach-bound vehicles. Key Highlights: Prime downtown Ocean City address Established rental income stream Strong commercial tenant in place High-visibility corner lot Don t Miss Out Opportunities like this don t come often. Secure a premier income-generating property in the heart of Ocean City today!
Features
- Amenities: Wired
- Amenities: Water Front
- Amenities: Security System
- Building Units: 6
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Exterior Type: Brick
- Heating System: Baseboard
- Heating System: Hot Water (Heating)
- Heating System: Natural Gas
- MLSID: 603342
- Roof Type: Flat
- Rooms: Basement
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