50 Tennessee Ave Ocean City, NJ 08226

$595,000
50 Tennessee Ave, Ocean City, NJ 08226
Call 1-800-839-1363
503901

Commercial Property for sale in Ocean City, NJ

for $595,000. This building was built in 1980.

Property Information

  • $595,000
  • Commercial
  • Commercial
  • Active
  • Built in 1980
  • Ocean City, NJ
  • Cape May County
  • MLS/Web ID is 503901
  • Just Listed

Description

A rare opportunity to own a 7, 200 sq. ft., 2 story Bayfront commercial building with ground floor storage and 2nd floor office space located on the bay next to the Ocean City boat ramp. This property adjoins the Ocean Reef Condominiums that offers all the Ocean Reef amenities, pools, tennis courts and more. Shown by appointment only!

Interior 5

Cooling System

  • Ceiling Fan(s)
  • Central Air

Flooring

  • Linoleum
  • Wall-to-Wall Carpet

Heating System

  • Forced Air
  • Gas
  • Hot Water Heater: Gas

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 7

Exterior

  • Storage / Out Building / Shed

Garage

  • Paved

Parking

  • Off Street Parking
  • Parking Spaces

Road Frontage

  • State Road

Roof

  • Cedar Shake

Siding

  • Stucco Exterior

Waterfront Description

  • Bay

Miscellaneous 2

Commercial

  • Delivery Door
  • Restroom(s)

View

  • Water View

† Excluded Feature

Listed By

Broker: GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

50 Tennessee Ave, Ocean City, NJ, 08226 is a Commercial Property for sale at $595,000. 50 Tennessee Ave has 0.0 baths and was built in 1980. 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 $836,284 41 % above $599,000 1 % above
Commerical listings in Ocean City $1,145,728 93 % above $634,950 7 % above
Sold listings in Ocean City $368,401 38 % below $305,000 49 % 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 %
View More Area Information >>

Residential Dwellings

  • Owned 3462
  • Vacant 11173
  • Rented 2099

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 Financial Calculator

Mortgage Only

$2,307

Based on 20.00 % down and a 4.13 % financing rate

Est. Total Payment

$2,307

Includes Mortage, Insurance, and Tax payments

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