701 Mosaic | 701 E 4th St
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701 Mosaic 701 E 4th St
3,052 SF Retail Building Ocean City, NJ 08226 $1,850,000 ($606/SF)
Investment Highlights
- Heavy Foot Traffic
- Restaurant with Outdoor Seating Permit
- Two Vacation Rental Units
Executive Summary
Now available a mixed use building in Ocean City's beautiful and historic North End. Former home to 701 Mosaic, a fifty seat restaurant withapproved sidewalk seating for additional guests, this unique three story building is full of potential. Upstairs on the third floor is a three bedroom,one bath unit with interior and exterior stairs for access. The second floor is the home of the owners, some modifications were made to the floorplan, turning the three bedroom space into a one bedroom, harvesting a bedroom for use as a walk in closet, and extra cold and dry storage forthe restaurant in the other bedroom. Easily return to a three bedroom by opening an old doorway, and closing the door to the "closet". Let'smake your ownership dreams come true, and schedule your showing appointment today!
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
3,052 SF
Building Class
C
Year Built
1950
Price
$1,850,000
Price Per SF
$606
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.52
Land Acres
0.05 AC
Frontage
242 FT on East 4th Street
Walk Score ®
Very Walkable (72)
Bike Score ®
Very Bikeable (83)
PROPERTY TAXES
Parcel Number | 08-00304-0000-00001 | Improvements Assessment | $193,700 |
Land Assessment | $310,700 | Total Assessment | $504,400 |
PROPERTY TAXES
Parcel Number
08-00304-0000-00001
Land Assessment
$310,700
Improvements Assessment
$193,700
Total Assessment
$504,400
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701 Mosaic | 701 E 4th St
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