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Michael Maina

Michael Maina 609-513-8383 609-399-0076x107

3160 Asbury Avenue, Ocean City

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For Sale 503-505 9th, Ocean City, NJ, 08226

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503-505 9th, Ocean City, NJ, 08226

$2,499,999

Michael Maina
  • Buyer Agent Compensation: N/A
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:??? Golden Investment Opportunity – Downtown Ocean City ?? Northeast Corner of 9th Street & Central Avenue ?? Rare Chance to Own the Golden Goose – and the Golden Eggs! ?? What\'s Included: ? 2 Commercial Units (503 & 505) Currently leased to an established restaurant (business not included in sale) High-visibility corner with excellent foot and vehicle traffic ? 4 Residential Units Three 2 Bedrooms / 1 Bath; One 2 bedroom / 2 bath Fully leased at $1,600/month per unit Immediate, stable rental income ?? Investment Highlights: ?? Turnkey rental income from residential units ?? Reliable commercial lease in place ????? Prime beachgoer and tourist traffic location ?? High-exposure downtown lot ?? Strong Income-Producing Asset ?? Total Monthly Residential Income: $6,400 ?? Unmatched Location | ??? Beach Access Nearby | ?? High Demand Area ?? Don\'t Miss This Opportunity! Call now to schedule a private showing or request more details.

Total Rooms
Full Bath 0
# of Stories
Year Build
Lot Size
Tax 8452.00
SQFT
ExteriorBrick
InteriorFeatures220 Volt Electricity, Fire Sprinkler System, Restroom, Smoke/Fire Alarm
HeatingBaseboard, Gas-Natural, Hot Water
HotWaterElectric
SewerPublic Sewer
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions
# Units
Tax Year 2024
Area Ocean City/Central
ParkingGarageNone
BasementSlab
CoolingWindow Units
WaterPublic
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