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704 Asbury Avenue, Ocean City, NJ
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For Sale: $1,650,000
Beds:     Baths:
Type: COMMERCIAL/INDUSTRIAL
    DOM: 0 Days
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PROPERTY DESCRIPTION
Rare Downtown Ocean City Commercial Investment opportunity. Blue Chip 700 block of Asbury Ave on a 40x100 oversized lot with 3850 square feet of retail/restaurant space currently used as 2 "TWO" commercial storefronts. One unit is 2500 sq ft and the other is approximately. 1350 sq ft. High traffic location next to Landmark Cafe, 7th Street Surf Shop, Hoys and many other fine shops. Current Tenants are "Triple A" with Long term Leases with adj. Inflation increases. Long term this property has uses for development of a Mixed use condo development. All Masonry building is low Maintenance. Buildings Mechanicals were updated in 2013-14. Perfect opportunity for an investor looking for a no-hassle predictable long term income stream with upside opportunity for future use or development.
PROPERTY FEATURES
  • Heating:Forced Air 
  • 220 Volt Electricity  
  • Storage  
  • None 
  • Heater:Gas 
  • 220 Volt Electricity 
  • Storage 
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Request Property Information - 704 Asbury Avenue, Ocean City NJ

  For Sale: $1,650,000   |   MLS Number: 611102  
| DOM: 0 Days  
Provided by: Pat McCusker Real Estate - www.patavalon.com

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Let Pat McCusker Real Estate be your buyer agent for this listing. Listing is provided by Compass New Jersey-Ocean City (O463E). The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.
Pat McCusker - Long and Foster Real Estate
Direct: 609-602-2710Office: 609-967-3001
2997 Dune Drive, Avalon New Jersey
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Specializing in Vacation Rentals and Properties
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