NJ > Ocean City
Ocean City, NJ 08226,984 Boardwalk
Ocean City, NJ 08226,984 Boardwalk
Ocean City, NJ 08226,984 Boardwalk
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$165,000
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984 Boardwalk Ocean City, NJ 08226

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

UPDATED:

10/21/2024 12:18 AM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Rent

MLS Listing ID 590174

Style Commercial,Retail,Restaurant

Annual Tax Amount $1

Tax Year 2023

Property Description

Incredible rare opportunity for Commercial Lease in HEART OF OCEAN CITY'S BOARDWALK, next to the #1 Boardwalk destination of Playland's Castaway Cove. Property features approx 3200 sq ft restaurant/ food service space, approx 27 ft boardwalk frontage w/loading doc, backdoor delivery, 3 parking spots, plus side exit/entrance Existing tenant operates popular restaurant business & occupies 2 large commercial condos as 1 large unit. New tenant triple-net (NNN) lease is starts at $160K p/year for is 5 or 10 year term w/options to renew, ideally suited for any type of food/beverage-restaurant business. Lease includes optional use of existing older equipment. Depending on lease terms & tenant's fit-out needs, Landlord may be negotiable on cooperating with some Capex allowances. Currently property is tenant occupied w/operational business. Appointment for pre-qualified experienced prospective tenants must be coordinated in advance with listing agent. New lease is subject to tenant's vacancy upon lease expiration.

Location

State NJ

County Cape May

Community Ocean City

Area Ocean City/Central

Location Details Beach Front,Beach Block,Boardwalk,Business District,Commercial Park,Corner,Island,Shopping Center,Boardwalk Area,Water View

Rooms

Basement Crawl Space

Interior

Interior Features Display Windows, Restroom, Storage

Heating Forced Air, Gas-Natural

Flooring Concrete

Exterior

Exterior Feature Loading Dock, Sign, See Remarks

Garage 1 to 5 Spaces, Assigned, Paved

Waterfront Yes

Roof Type Flat

Building

Sewer Public Sewer

Water Public

South Jersey Shore Regional MLS (SJSRMLS)
Listed by eXp Realty - Montclair

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Jonathan Greene

Team Leader | License ID: 1433604

+1(973) 873-0734

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