503-505 E 9th Street Ocean City, NJ $ 2,499,999
503-505 E 9th Street
$ 2,499,999
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503-505 E 9th Street

Ocean City, NJ, 08226
$ 2,499,999
Bedrooms-- Baths--

Monthly Estimate*

$ 15,597

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Commercial Property for sale in Ocean City, NJ

for $2,499,999.

Golden Investment Opportunity – Prime Downtown Ocean City Real Estate! Here’s your rare chance to capture both the golden goose and the golden eggs! Located at the high-traffic corner of 9th Street & Central Avenue, this offering includes: Two Commercial Units (503 & 505) — Highly visible and currently leased to a thriving restaurant with approx. 2000 sq ft (business not included in sale). Three (ea) 3-Bedroom 1-Bath Apartments & 1 (ea) 3 bedroom 2 bath aptartment — Fully leased at $1,600/month each, providing immediate rental income. This is a trophy location on the northeast corner of 9th & Central, delivering excellent visibility from both foot traffic and beach-bound vehicles. Key Highlights: Prime downtown Ocean City address Established rental income stream Strong commercial tenant in place High-visibility corner lot Don’t Miss Out — Opportunities like this don’t come often. Secure a premier income-generating property in the heart of Ocean City today!

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Commercial Active

Price

$ 2,499,999

Property Type

Commercial

Taxes

$ 8,452

Style

Restaurant

Town/City

Ocean City

County/Region

Cape May

MLS | Web ID

595719

Features
General
Water Public
Sewer Public Sewer
Heating Baseboard Gas-Natural Hot Water
Status Active Active
Parking None
Style Restaurant
Class COMMERCIAL/INDUSTRIAL
Tax Year 2024
Roof Flat Tar
Status Detail 0
Waterfront Yes
Area Ocean City/Central
Location Boardwalk Business District
Taxes 8452
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Interior
Basement Slab
# of Units 6
Hot Water Electric
Interior Features 220 Volt Electricity Fire Sprinkler System Restroom Smoke/Fire Alarm
Air Conditioning Window Units
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Exterior
Lot 2 & 3
Lot Dimensions 503 24x47; 505 24x47
Exterior/Siding Brick
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* Excluded Features
List By
Berger Realty-Main

Broker

Affordability Calculator

$16,301
Per Month
96%
4%
0%
Monthly Principal & Interest
$15,597
Monthly Property Taxes
$704
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760537 Elementary School
760538 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/30/2025$2,499,999 Listed Price

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503-505 E 9th Street, Ocean City, NJ, 08226 is a Commercial Property for sale at $2,499,999. The property's zip code is 08226 which is in Ocean City, NJ