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500 9th

Ocean City, NJ 08226
  • $2,000,000
  • STATUS: Closed
  • ON SITE: 131 Days
  • MLS #: 558796
Sold - 05/19/2022
$2,000,000
SOLD - 05/19/2022
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1929
County:

School Ratings & Info

Description

A rare opportunity to purchase one of Ocean City's iconic properties, the famous and recently renovated Chatterbox Restaurant and three luxury, two bedroom, two bath residences. The Chatterbox Restaurant and Residences are situated on the corner of 9th Street and Central Avenue in the heart of Ocean Citys Downtown. Designed by famed architect Vivian Smith and built in 1929, The Chatterbox Restaurant boasts two renovated dining areas, including new custom mosaic tile floors, new counter seating with attractive stone top and all new custom furnishings. The restaurant spans over 4,300 square feet with 100 interior seats and an additional 70 outdoor seats in the summer season, plus a large fully equipped kitchen ready for the upcoming season. The three spacious, upscale 2 bedroom, 2 bath second floor residences encompass almost 3,000 square feet. Each are completely renovated and have a fully equipped gourmet kitchen, stainless steel appliances, and stone countertops. Other upgrades include new tiled baths, gas heat and central air. All residences are beautifully decorated, furnished and equipped for summer rentals. This highly visible, prime location is an ideal location to operate a restaurant on Ocean Citys busiest entry way and enjoy the substantial rental income generated from the three upscale 2 bedroom, 2 bath residences. Alternatively, purchase this property as an investment and rent the fully equipped, turnkey Chatterbox Restaurant along with the three residences.

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© 2022 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 2022-05-28T23:50:18.83.
www.theoceansiderealtyteam.com/homes/124818768
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500 9th Ocean City, NJ 08226

  • Price: $2,895,000
  • Status: Closed
  • On Site: 131 Days
  • MLS #: 558796
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1929
Built
Neighborhood:
Ocean City/Central
County:
Cape May
Area:
Ocean City/Central
Property Description
A rare opportunity to purchase one of Ocean City's iconic properties, the famous and recently renovated Chatterbox Restaurant and three luxury, two bedroom, two bath residences. The Chatterbox Restaurant and Residences are situated on the corner of 9th Street and Central Avenue in the heart of Ocean Citys Downtown. Designed by famed architect Vivian Smith and built in 1929, The Chatterbox Restaurant boasts two renovated dining areas, including new custom mosaic tile floors, new counter seating with attractive stone top and all new custom furnishings. The restaurant spans over 4,300 square feet with 100 interior seats and an additional 70 outdoor seats in the summer season, plus a large fully equipped kitchen ready for the upcoming season. The three spacious, upscale 2 bedroom, 2 bath second floor residences encompass almost 3,000 square feet. Each are completely renovated and have a fully equipped gourmet kitchen, stainless steel appliances, and stone countertops. Other upgrades include new tiled baths, gas heat and central air. All residences are beautifully decorated, furnished and equipped for summer rentals. This highly visible, prime location is an ideal location to operate a restaurant on Ocean Citys busiest entry way and enjoy the substantial rental income generated from the three upscale 2 bedroom, 2 bath residences. Alternatively, purchase this property as an investment and rent the fully equipped, turnkey Chatterbox Restaurant along with the three residences.
Exterior Features

Commercial Style Comm. W/ApartmentsRestaurant Exterior Features Sign Location Business DistrictCornerIsland Lot Dimensions 65 X 90 Roof Other Siding Exterior Stucco Stories 2

Interior Features

Air Conditioning Ceiling Fan(S)Central Basement Slab Baths 6 Flooring Other (See Remarks) Heating Forced AirGas-Natural Hot Water Gas Interior Features Display WindowsRestroomSmoke/Fire Alarm Wash Rooms 3

Property Features

Age Range 25+ Years Approved Short Sale N/A Auction YN No Available EquipmentFurnishingsRefrigeration/Freezer Bank Owned Foreclosure No Buildings 1 May Be Subject To Third Party Approval Short Sale No Sewer Public Sewer Tax Year 2021 Taxes 9825 Water Public

Listing information © 2022 South Jersey Shore Regional MLS.
Listing provided courtesy of Goldcoast Sotheby's International Realty.


© 2022 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 2022-05-28T23:50:18.83.
 
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The Oceanside Realty Team | Keller Williams Jersey Shore
5501 New Jersey Avenue
Wildwood Crest NJ, 08260