300 Bay Ave Ave Ocean City, NJ 08226

$999,999
300 Bay Ave Ave, Ocean City, NJ 08226
501479

Commercial Property for sale in Ocean City, NJ

for $999,999. This building was built in 1934 on a lot size of 25x103.

Property Information

  • $999,999
  • Commercial
  • Apartment Building
  • Active
  • Lot size of 25x103
  • Built in 1934
  • Ocean City, NJ
  • Cape May County
  • MLS/Web ID is 501479

Description

Possibilities are endless with this rare opportunity to own a Bayfront business. Building features a retail store on the 1st floor equipped with shelving for product, snack bar, a small break room area in the back with a full bathroom, and a back room currently used as an office. The property has multiple boat slips with easy dock access, and a large boat slip for a 35+ foot boat. There are several sheds for plenty of storage and the dock is gated for security. Above the store, is a full apartment with an updated kitchen and appliances, as well as a bedroom, bathroom, laundry room, and a finished attic great for entertaining or could be used as an additional bedroom. Outside the living room is access to a finished deck to take in the spectacular bay sunsets. Could be some additional rental income or owner could occupy right above the store. This building was home to the decommissioned NorthStar and has been a thriving business for well over 50 years. Current owner rents out pontoons, skiffs, and also offers party boat fishing in the bay and ocean, and does private charters for booze cruises, weddings, burials, etc.

Interior 6

Cooling System

  • Ceiling Fan(s)
  • Window Unit(s)

Heating System

  • Baseboard
  • Forced Air
  • Gas
  • Hot Water Heater: Gas
  • Zoned

Interior

  • Smoke Alarm
  • Storage

Room Features

  • Laundry/Utility Room

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 4

Exterior

  • Dock

Land Improvements

  • Fence

Siding

  • Stucco Exterior

Waterfront Description

  • Bay
  • Island

Miscellaneous 3

Commercial

  • Restroom(s)
  • Security System / Alarm

Location

  • Corner Lot

View

  • Water View

† Excluded Feature

Listed By

Broker: BHHS FOX AND ROACH-55TH ST OC

300 Bay Ave Ave, Ocean City, NJ, 08226 is a Commercial Property for sale at $999,999 with a lot size of 25x103. 300 Bay Ave Ave has 0.0 baths and was built in 1934. The property's zip code is 08226 which is in Ocean City, NJ

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Market Pricing

Average % of sale price Median % of sale price
All listings in Ocean City $902,192 10 % below $639,900 36 % below
Commerical listings in Ocean City $476,408 52 % below $405,000 59 % below
Sold listings in Ocean City $368,401 63 % below $305,000 69 % below

Get the facts about Ocean City, NJ!

Population 11,091
Population Growth (since 2000) -28 %
Median Income $62,165
Median Age 54.92
Households w/ Children 17 %

Residential Dwellings

  • Owned 3462
  • Vacant 11173
  • Rented 2099

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Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363