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713-715 8th St - 715 E 8th St, Restaurant/Retail, BEACHBLOCK
1,825 SF Retail Condo Unit Offered at $599,000 in Ocean City, NJ 08226
Executive Summary
Why Lease??? ..when you can OWN! And as they say.... LOCATION - LOCATION - LOCATION... Your entrepreneurial dream can become a reality by purchasing your own piece of coveted Ocean City real estate. This property is situated in the PERFECT place to open or expand your restaurant/bakery/food service business in the very heart of the hospitality zone. 715 E 8th Street is the ideal spot for any kind of food service (breakfast cafe/luncheonettes; unique cuisine restaurants foods; franchises; specialty donut/pastry & coffee or espresso shops; ice-cream/gelato shop; or a spot for a large take-out location, or any kind of retail). Commercial condo features approx 1,825 sq ft which includes generous sit-down service (with or without take-out service options); large commercial kitchen with existing ventilated hood; public bathroom; exterior walk-in freezer area; storage; and bonus space to support owner office/operating manager spaces. This supreme location offers incredible income potential due to the HUGE TRAFFIC AREA in America’s Greatest Family Resort at the Jersey Shore due to the numerous hotels and B&B’s that are within a 2-minute walk, successful bike rental next door, multiple Boardwalk parking lots, and not to mention the beachgoers heading down 8th Street right by your business. Ocean City’s bustling shopping district is only a few short blocks away. The former tenant, OC Surf Café, was a landmark restaurant for many years before retiring, & left some FF&E behind. Seller has completely renovated the 4 upper-level residential condo units (3 units just sold & only one still available for sale) and updated the façade of the building. Fantastic business operation opportunities in an incredible Jersey Shore vacation spot like this one doesn't come around often, so ACT FAST! Time is of the essence on this one...so right now, come see it today and get it under contract before it's gone!
Property Facts
1 Unit Available
Unit A
| Unit Size | 1,825 SF | Condo Use | Retail |
| Price | $599,000 | Sale Type | Investment or Owner User |
| Price Per SF | $328.22 | Sale Conditions | 1031 Exchange, Build to Suit, Building in Shell Condition |
| Unit Size | 1,825 SF |
| Price | $599,000 |
| Price Per SF | $328.22 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Sale Conditions | 1031 Exchange, Build to Suit, Building in Shell Condition |
Description
Unit A (a.k.a 715 E 8th Street) is a commercial restaurant/food service condominium property unit for sale. It is located in a mixed-use condominium building known as 713 -715 E 8th Street. You can owner occupy the condo unit for your own business operational needs or lease out to a prospective tenant. Approved use includes restaurant, food service, retail and/or professional use.
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Pool
- Gas Range
- Community-Wide WiFi
zoning
| Zoning Code | Commercial (Hospitality Zone) |
| Commercial (Hospitality Zone) |
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Kristina Doliszny -
Ocean City Real Estate Grp, eXp Realty
Presented by
713-715 8th St - 715 E 8th St, Restaurant/Retail, BEACHBLOCK
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