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Ocean City NJ Real Estate & Commercial for Sale

16 Properties Found

The median home value in Ocean City, NJ is $988,500. This is higher than the county median home value of $439,900. The national median home value is $277,796. The average price of homes sold in Ocean City, NJ is $988,500. Approximately 20% of Ocean City homes are owned, compared to 12% rented, while 67% are vacant. Ocean City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Ocean City real estate agent to arrange a tour today!
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1–16 of 16 properties displayed
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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
569233
Type:
Other
Lot size:
0.07 Acres
A broker reciprocity listing Courtesy: RE/MAX AT THE SHORE
View additional info

Fantastic opportunity for a large commercial space right in the downtown Ocean City Business and Shopping District. Just built in 2021, the property offers large glass window marketing space, 12 foot ceilings, powder room, security system, private rear entrance and plenty of space to launch or expand your business. Come and see if this beautiful property can meet your needs.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
568762
Type:
Other
Lot size:
0.12 Acres
A broker reciprocity listing Courtesy: BHHS FOX and ROACH-Simpson OC
View additional info

Americas Greatest Family Resort ! Busy breakfast & lunch Restaurant located in downtown Ocean City NJ for sale. Open for breakfast and lunch currently, but easily can increase revenue by adding a dinner service. Perfect for an owner-operator, be your own boss & only work 4 months out of the year! Owners have purchased business in another sector and looking to part with some of their current holdings. Sale includes business, brand and equipment. Owners willing to finance sale of business, or sub-lease to potential operator. Can also assist with other funding options to help complete the sale. If you are interested, please reach out buyers to sign a Confidentiality agreement and NDA ..

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
568723
Type:
Retail
A broker reciprocity listing Courtesy: KELLER WILLIAMS REALTY JERSEY SHORE-Ocean City
View additional info

COURT ORDERED BY FEDERAL CHAPTER 7 BANKRUPTCY FOR IMMEDIATE SALE! This bankruptcy approved listing is for the sale of Seven (7) individual Ocean City NJ real property parcels: Lots 8, 9, 10, 11, 12, 13, and 14 all located on Block 806. Sale includes: 1) Parcel #1:801 Asbury Avenue (a.k.a Ocean City's Landmark "Crown Bank Building), whose units #1, #2, #3, #4, #5 & #6 are each condoed by floor & sits on 66 x 100 lot (Lot 9). This large 6- Story 33,440 Sq Ft concrete building consists of 5 floors of mostly vacant professional offices for a total of 26,100 SF (5,220 SF per floor); and two desirable commercial stores on the ground floor which boasts 7,340 SF (total commercial floor area is 5,605 SF + total mezzanine area is 1,735 SF). Subject to municipal approvals, possible future uses for the building include, but are not limited to: downtown luxury hotel use; residential condoing; nursing home/senior housing use; dormitory for J-1 Visa students to support employment needs of business community; temperature controlled storage facility; professional office use; and a variety of other mixed use. Top floors have amazing Open Bay and Ocean/Beach views. 2) Parcel #2: Vacant Asbury Avenue Lot: 805 Asbury Ave, an adjacent lot to building which sits on 34 x 100 lot (Lot 8). Mixed Use by-rights vacant lot that you can build 2 large residential units over one commercial. 3) Parcels #3,#4,#5,#6, & #7: Five (5) parking lots all located and further described as: a) 412 E. 8th Street (Lots 10); and 800 Central Avenue (Lot 11); Corner lots off of 8th & Central Ave, combined is 130 x 100 size lot. Mixed use development opportunity. b) 812 Central Avenue (Lot 12); 816 Central Avenue (Lot 13); and 820 Central Avenue (Lot 14) these 3 parking lots are located adjacent to City of Ocean City's municipal lots and currently support the parking needs of the Crown Bank Building. This is a Federal Court Ordered BANKRUPTCY. Trustee makes NO representations or warranties of any kind pertaining to this sales transaction. Buyer is responsible to complete their own advance due diligence. Property is being sold AS IS / WHERE IS NO CONTINGENCIES.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
568593
Type:
Retail
Lot size:
0.21 Acres
A broker reciprocity listing Courtesy: KELLER WILLIAMS REALTY JERSEY SHORE-Ocean City
View additional info

Fantastic MIXED USE / MULTI-FAMILY Development OR Renovation Opportunity! Large Ocean City NJ Southend -Double CORNER 80 x 115 lot! Property is located just a 3 short blocks from Ocean City beaches, tucked right off of Ocean Drive & approved for "Mixed Use" in the Neighborhood Business Zone. PURCHASE AS IS to operate your own Restaurant/Neighborhood Food Service Business(s) or any other commercial use, plus renovate and/or expand/enlarge the existing 2nd Fl residential unit for your family to reside in, renovate/expand and/or rent out. The current Subject Property use is a Landmark famous Ocean City restaurant, known as "Captain Bob's Restaurant" that is approved for private membership BYOB dinners. Operational restaurant boats fantastic INDOOR-OUTDOOR Dining, Take Out Window & Tons of Parking. The inside of the existing restaurant has 12 tables/ seating for 52, but is zone approved for seating up to a 100 customers. Restaurant has two restrooms. The outdoor seating provides an addition 12 tables /seating for 24. Parking lot has 14 designated parking spaces, plus space for an additional 16 spaces if double-stacked/valet. The building also consists of a Seller's large private residential unit on the 2nd floor, consisting of 3 bedrooms and 1.5 baths; large eat in kitchen; living room; sitting room/den with fireplace; hardwood floors throughout; large standup storage attic; and garage. And if opting for an AS IS purchase, the whole property offers fantastic "value-add" upside potential if fully renovated/expanded.... OR... As a prospective development, choose to either: 1) Subdivide and build TWO 3-Unit buildings on 40x115 lots OR, 2) Build ONE large 7-Unit mixed use building on 80 x 115 lot (Similar concept 7-unit mixed-use building was just built on very small 50x70 lot at 601 Asbury Ave) and which still leaves generous space forgarages and plenty of parking. The proposed Seven (7) Unit development would include Four (4) extra large five to six bedroom luxury residential units (approx 2200 sq ft each) + Three (3) commercial units (approx 3,800 sq ft: consisting of either three 1,260 sq ft units; or two 1,000 sq ft units and one large 1,800 sq ft unit). Purchase AS IS with a renovation/expansion upside, or future new development opportunity, or both. Live at the beach and run your dream business! Lots of options here. If you know the market here, opportunities in Ocean City NJ like this one do not come around often at all. So if you, your family, business partners, or someone you know has interest in this property listing and the investment and income producing opportunities associated with it, please act quickly andCALL NOW!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
568128
Type:
Other
Lot size:
0.01 Acres
A broker reciprocity listing Courtesy: KELLER WILLIAMS REALTY JERSEY SHORE-Ocean City
View additional info

Turn-Key business opportunity on Ocean City's famed Asbury Avenue. 1st floor, Unit A, being sold with existing nail salon equipment, furnishings, & inventory. This is an incredible opportunity for a turn-key nail salon. Add hair stations to make this the perfect full service salon. Venting systems in place and in working order. New heat and air conditioning installed in 2021. 6 pedicure chairs, 5 manicure stations, dryer station, reception desk, laundry room with stackable washer/dryer, employee break room, restroom and waxing room. Don't let this opportunity get away.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
567654
Type:
Other
Lot size:
0.08 Acres
A broker reciprocity listing Courtesy: Compass New Jersey-Ocean City
View additional info

Investors dream commercial/residential mixed use building in downtown Ocean City. The lot consists of 3 residential apartments, 1 commercial storefront and 2 storage rooms all situated on a 40x90 corner lot.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
567655
Type:
Other
Lot size:
0.06 Acres
A broker reciprocity listing Courtesy: Compass New Jersey-Ocean City
View additional info

Don't miss out on your once in a lifetime opportunity to own a piece of Ocean City history since 1954. Located in the heart of downtown Ocean City, Voltaco's legendary Italian foods has been a staple for families visiting the Jersey Shore for decades. The sale of the property includes the real estate, business, equipment, likeness and intellectual property. Full financials are available for review with signing of NDA.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
567385
Type:
Other
Lot size:
0.06 Acres
A broker reciprocity listing Courtesy: Compass New Jersey-Ocean City
View additional info

Rarely available commercial duplex in downtown Ocean City New Jersey with residential 2 bedroom 1 bath apartment above. This fully updated 30'x90' lot is being sold with a well established tenant on the 1st floor and a beautifully renovated 2nd floor apartment featuring 2 bedrooms 1 bath, granite countertops, tile backsplash, LVP flooring, deep soaking bathtub with full tile wall shower and a private back porch. Parking for 3 cars off street.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
567286
Type:
Other
Lot size:
0.07 Acres
A broker reciprocity listing Courtesy: RE/MAX AT THE SHORE
View additional info

LOWEST PRICE COMMERCIAL UNIT!!! Ground floor commercial unit on Asbury Ave located in the desirable in the downtown shopping district... Perfect location for an office or shop. Open floor plan with large front window, storage room and restroom. Don't miss this opportunity!!!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
566972
Type:
Other
Lot size:
0.62 Acres
A broker reciprocity listing Courtesy: Keller Williams Realty Jersey Shore-Ocean City
View additional info

Impossible to find, perhaps just SIMPLY UNHEARD OF... YET HERE IT IS!! This offering is for TWO income producing hotels @ 10% CAP RATE - both w/value added upside to increase cash flows & optional renovation/expansion and condo conversion opportunity. These incredible income producing properties are ideally situated on a highly coveted PRIME BEACH BLOCK/ OFF-BOARDWALK location, on the island resort of Ocean City NJ (“America’s Greatest Family Resort” at the South Jersey Shore). Just steps to its white soft sandy beaches & world famous Ocean City Boardwalk, they are indisputably positioned within the island's highest traffic volume for beach, boardwalk, hospitality & tourist destination spots right in the heart of the Hospitality Zone, with generous by-right approved usages. This 77-Key multiple building commercial /multi-family property consists of: 801 Atlantic Ave, Ocean City NJ 08226, commonly known as the Pavilion Motel (consist of 58 keys (57 Rooms + a manager’s apt); swimming pool, parking lot, main reception area & onsite small leased restaurant) & sits on HUGE very rare 300x100 corner lot; and 811 Atlantic Ave, Ocean City NJ 08226, commonly known as the Fountain View Motel (adjacent value added motel next door w/19 keys) & sits on the adjacent 90x100 CORNER lot. Given the historically high level of interest in the Jersey Shore island markets for such an incredibly rare opportunity, coupled with the current high demand for impressive cash flow opportunity (w/lots of upside) and so few hospitality properties currently servicing this market, time is of the essence! We invite you to explore this unique WEALTH CREATION OPPORTUNITY in further detail. This is your chance to secure an immediate acquisition of income producing assets at an IMPRESSIVE CASH FLOW AT HIGHLY COMPETITIVE CAP RATE, value added upside w/ optional future condo conversion opportunity and/or renovation/expansion of existing operation. This offering is listed 3 ways: $10 million for hotels (801-811 Atlantic Ave) only; $6 million for additional affiliated apartment building (819 Moorlyn Terrace) only; and $16 million for all three parcels altogether comprising 1 ACRE OF BEACH BLOCK / OFF-BOARDWALK property (801 Atlantic Ave). Contact listing agent for Confidentiality/NDA, which is available to financially qualified buyers - Don't hesitate another minute - you must act on this today!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
566970
Type:
Other
Lot size:
1 Acres
A broker reciprocity listing Courtesy: KELLER WILLIAMS REALTY JERSEY SHORE-Ocean City
View additional info

This is a SUPER RARE & absolutely incredible WEALTH CREATION OPPORTUNITY for your hard asset portfolio that you must explore in detail! Fabulous multi-facet acquisition features: TWO income producing hotels @ 10% CAP RATE w/significant value added upside (easily increase cash flows together with asset values); several expansion/renovation or condo conversion opportunities; fully renovated income producing apartment building @ 8-9% CAP RATE w/upside; plus the inclusion of APPROVED PLANS for future redevelopment and/or condo conversion opportunity. Boasting a whopping ONE (1) ACRE OF VERY RARE and highly coveted PRIME BEACH BLOCK / OFF-BOARDWALK real estate, these incredible income producing properties are ideally situated on the island resort of Ocean City NJ (“America’s Greatest Family Resort” at the South Jersey Shore). Just steps to its white soft sandy beaches & world famous Ocean City Boardwalk, they are indisputably positioned within the island's highest traffic volume for beach, boardwalk, hospitality & tourist destination spots right in the heart of the Hospitality Zone, with generous by-right approved usages. This 85-Key multiple building commercial /multi-family property consists of: 801 Atlantic Ave, Ocean City NJ 08226, commonly known as the Pavilion Motel (consist of 58 keys (57 Rooms + a manager’s apt); swimming pool, parking lot, main reception area & onsite small leased restaurant; 811 Atlantic Ave, Ocean City NJ 08226, commonly known as the Fountain View Motel (adjacent value added motel next door w/19 keys); 819 Moorlyn Terrace, Ocean City NJ 08226, commonly known as the Beach House Apartment Building (Brand newly renovated apartment building w/8 keys, all three (3) bedroom one (1) bath apartment units- all which can also be easily condoed). Apartments have their own designated parking lot in back of building. Sale of all three parcels to same buyer would automatically include Seller’s existing Preliminary Site Plan and NJ CAFRA permit approvals for development of 35 (three bedroom-three bathroom) lock out units with hotel and mixed use. Or, you may opt to later redesign the approved project, as per your own specification, subject to the by rights of hospitality zone. Given the historically high level of interest in the Jersey Shore island markets for such an incredibly rare opportunity, coupled with the current high demand for impressive cash flow opportunity (w/lots of upside) and so few hospitality properties currently servicing this market, time is of the essence! We invite you to explore this unique WEALTH CREATION OPPORTUNITY in further detail. This is your chance to secure an immediate acquisition of income producing assets at an IMPRESSIVE CASH FLOW AT HIGHLY COMPETITIVE CAP RATE, value added upside, optional condo conversion opportunity, plus approvals pertaining to prospective future development opportunity. This offering is listed 3 ways: $10 million for hotels (801-811 Atlantic Ave) only; $6 million for apartment building (819 Moorlyn Terrace) only; and $16 million for all three parcels altogether comprising 1 ACRE OF BEACH BLOCK / OFF-BOARDWALK property (801 Atlantic Ave). Contact listing agent for Confidentiality/NDA, which is available to financially qualified buyers - Don't hesitate another minute - you must act on this today!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
566105
Type:
Other
Lot size:
0.04 Acres
A broker reciprocity listing Courtesy: BHHS FOX and ROACH-109 34th OC
View additional info

*Cannot purchase just the building alone.* Must be purchased or leased with the Express Pizza & Sub business (MLS 566103)* Don't miss the opportunity to own one of Ocean City's iconic, favorite northend local restaurants, with 30 years of established success! Acquiring new customers is the hardest part of starting any business...Express Pizza & Subs has loyal customers that continue to frequent their business over decades. Step in and keep it going! *Business can be purchased independently (850K), or Buyer can also purchase the building (at 500k) or rent for ($3500/monthly).*

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
566103
Type:
Other
A broker reciprocity listing Courtesy: BHHS FOX and ROACH-109 34th OC
View additional info

Don't miss the opportunity to own one of Ocean City's iconic, favorite northendlocal restaurants, with 30 years of established success! Acquiring new customers is the hardest part of starting any business...Express Pizza & Subs has loyal customers that continue to frequent their business over decades. Step in and keep it going! Business sale comes with all furniture,equipment, and guidance from the existing owner. Seller will hold financing. *Business can be purchased independently (850K), or Buyer can also purchase the building (listed at 500k MLS# 566105) or rent for ($3500/monthly). Cannot purchase just the building alone.*

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
564907
Type:
Other
A broker reciprocity listing Courtesy: RE/MAX AT THE SHORE
View additional info

Commercial store front in the heart of Ocean City... Located just off of the Asbury Ave shopping district. Centrally located with plenty of street parking and foot traffic. Gas heat, Central air, restroom and separate break room or waiting room.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
564251
Type:
Other
Lot size:
0.07 Acres
A broker reciprocity listing Courtesy: BERGER REALTY-D
View additional info

Handyman special! Perfect location for a business in Ocean City. Come in and fix this property up or build a brand new building! This property offers endless options!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
561102
Type:
Other
Lot size:
0.07 Acres
A broker reciprocity listing Courtesy: RE/MAX AT THE SHORE
View additional info

Downtown Ocean City Commercial/Retail/Office opportunity. 1300 Block of Asbury Ave with high visibility and very close to the Corner. Condo association recently replace roof with new 25 year upgraded shingle and NEW Electric Meter box and feed replaced. This unit is the best available commercial space available in town with a Triple A tenant and great income of $21k annual for a savvy investor. Lowest Price for commercial at $265,000

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The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the South Jersey Shore Regional Multiple Listing Service. Real Estate listings held by brokerage firms other than the Broker hosting this site are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2022 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

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