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300 Bay Ave

Ocean City, NJ 08226
  • $1,300,000
  • STATUS: Closed
  • ON SITE: 315 Days
  • MLS #: 579501
Sold - 02/20/2024
$1,300,000
SOLD - 02/20/2024
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

FAMILY- OWNED BAYFRONT MIXED-USE INVESTMENT OPPORTUNITY Welcome to 300 Bay Ave, Ocean City, NJ 08226. This extraordinary property offers a sensational investment opportunity like no other. With a rich history dating back to 1950, this family-owned business comes complete with Real Estate, Business, Equipment, and even a Riparian Grant. Step inside this remarkable property and find yourself immersed in a thriving commercial environment. The main floor boasts a spacious bait/tackle shop, perfectly positioned for maximum customer exposure. And that's not all - with 10 boat slips, including space for a 35' vessel, you'll have endless potential for maritime ventures. Looking to capitalize on additional rental income? Take advantage of the 1 BR Apartment, which is perfectly suited for appealing to the lucrative Air BnB market. There's also a stunning 2 BR apartment on the second floor, complete with a loft space on the third floor - ideal for those seeking a luxurious coastal retreat. But it's not just the property that sets this investment apart. Included in the sale are 7 24', 12-passenger pontoon boats, ensuring endless possibilities for recreational fun. Immerse yourself in captivating sunsets and the vibrant atmosphere of the Jersey Shore. Don't let this exceptional investment opportunity slip away - schedule a viewing today! *Property information sourced from Seller's Appraisal Report via Appraisal One, Inc.*

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© 2024 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Oceanside Realty Team | Keller Williams Jersey Shore. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2024-09-17T22:50:24.243.
www.theoceansiderealtyteam.com/homes/145075571
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300 Bay Ave Ocean City, NJ 08226

  • Price: $1,600,000
  • Status: Closed
  • On Site: 315 Days
  • Updated: 79 min ago
  • MLS #: 579501
0
Beds
0
Baths
0
½ Baths
0.06
Acres
Neighborhood:
Ocean City/Bay Area
County:
Cape May
Area:
Ocean City/Bay Area
Property Description
FAMILY- OWNED BAYFRONT MIXED-USE INVESTMENT OPPORTUNITY Welcome to 300 Bay Ave, Ocean City, NJ 08226. This extraordinary property offers a sensational investment opportunity like no other. With a rich history dating back to 1950, this family-owned business comes complete with Real Estate, Business, Equipment, and even a Riparian Grant. Step inside this remarkable property and find yourself immersed in a thriving commercial environment. The main floor boasts a spacious bait/tackle shop, perfectly positioned for maximum customer exposure. And that's not all - with 10 boat slips, including space for a 35' vessel, you'll have endless potential for maritime ventures. Looking to capitalize on additional rental income? Take advantage of the 1 BR Apartment, which is perfectly suited for appealing to the lucrative Air BnB market. There's also a stunning 2 BR apartment on the second floor, complete with a loft space on the third floor - ideal for those seeking a luxurious coastal retreat. But it's not just the property that sets this investment apart. Included in the sale are 7 24', 12-passenger pontoon boats, ensuring endless possibilities for recreational fun. Immerse yourself in captivating sunsets and the vibrant atmosphere of the Jersey Shore. Don't let this exceptional investment opportunity slip away - schedule a viewing today! *Property information sourced from Seller's Appraisal Report via Appraisal One, Inc.*
Exterior Features

Commercial Style Marina Exterior Features Dock/Pier/SlipSee Remarks Location Bay FrontIslandSee RemarksWater View Lot Dimensions 25x103 Roof Pitched Siding Exterior Frame/Wood Stories 2 Waterfront YN Yes

Property Features

Age Range 25+ Years Approved Short Sale N/A Auction YN No Available Other (See Remarks) Bank Owned Foreclosure No Buildings 1 May Be Subject To Third Party Approval Short Sale No Sewer Public Sewer Tax Year 2022 Taxes 5532 Water Public

South Jersey Shore Regional MLS logo Listing information © 2024 South Jersey Shore Regional MLS.
Listing provided courtesy of BHHS FOX and ROACH-Northfield: .


© 2024 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Oceanside Realty Team | Keller Williams Jersey Shore. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2024-09-17T22:50:24.243.
 
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The Oceanside Realty Team | Keller Williams Jersey Shore
5501 New Jersey Avenue
Wildwood Crest NJ, 08260