Buyandsellocnj.com Search Results

$1,599,000

PRIME DOWNTOWN OCEAN CITY INVESTMENT OPPORTUNITY! Located in the heart of Ocean City at 10th Street and Asbury Avenue, this versatile three-story mixed-use property offers endless possibilities for investors, business owners, and owner-occupants alike! The first floor features commercial space in a highly desirable downtown location, ideal for establishing your business or generating rental income. Above, you'll find two beautifully remodeled residential units. The spacious second-floor unit offers 4 bedrooms and 1 full bath, while the third-floor unit features 3 bedrooms and 1 full bath. Both residential units have been tastefully updated, providing attractive options for year-round living, seasonal use, or rental income. ALL THREE UNITS WILL BE DELIVERED VACANT AT SETTLEMENT giving the new owner complete flexibility to occupy, lease, or establish their own rental rates from day one! Live in one unit while generating income from the others, operate your business downstairs, or maximize the property's investment potential. Just steps from Ocean City's popular shops, restaurants, and downtown attractions- and a short walk to prime Boardwalk attractions and beautiful beaches- this is a rare opportunity to own a mixed-use property in one of the shore's most sought-after communities. Each unit has one private parking spot. Residential units will be delivered fully furnished. Both Residential units have private in unit laundry. LOCATION, FLEXIBILITY & INCOME POTENTIAL — THE POSSIBILITIES ARE ENDLESS! Residential was used for seasonal rentals ($60k / per unit) & yearly commercial space ($40k) - projected income for the building $160k

613290 MLS

1020 Asbury Ave, Ocean City

$2,900,000

Truly exceptional development opportunity now available on the Ocean City Bayfront. The property, presently known as Pirates Cove, is one of the rarest Waterfront Parcels in the entire city-one that offers a level of flexibility almost never seen at the Jersey Shore. This site is one of only a few parcels in Ocean City within the Marine Village Harbor District with possible Marina Zoning, Residential Use and Food/Service Business approval. All Buyers to verify with Ocean City their planned use. Features include direct bay frontage approximately 44', dockage for 30 boats, high-visibility location in one of the Jersey Shore's strongest markets on one of the most prestigious islands on the entire East Coast. With this premier location, waterfront footprint, and strong demand for possible mixed use, Pirates Cove, is uniquely positioned for a signature project. This property is a perfect fit for Investors, Developers, Marina Operators, or Buyers looking for a property on the water.

609554 MLS

304-308 Bay Ave, Ocean City

How much is your home worth?

How much is your home worth?