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984 Boardwalk

Ocean City, NJ 08226
  • $160,000
  • STATUS: Active Under Contract
  • ON SITE: 24 Days
  • MLS #: 590174
Under Contract
UPDATED: 66 min ago
$160,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial-Lease
County:

School Ratings & Info

Description

Incredible rare opportunity for Commercial Lease in HEART OF OCEAN CITY'S BOARDWALK, next to the #1 Boardwalk destination of Playland's Castaway Cove. Property features approx 3200 sq ft restaurant/ food service space, approx 27 ft boardwalk frontage w/loading doc, backdoor delivery, 3 parking spots, plus side exit/entrance Existing tenant operates popular restaurant business & occupies 2 large commercial condos as 1 large unit. New tenant triple-net (NNN) lease is starts at $160K p/year for is 5 or 10 year term w/options to renew, ideally suited for any type of food/beverage-restaurant business. Lease includes optional use of existing older equipment. Depending on lease terms & tenant's fit-out needs, Landlord may be negotiable on cooperating with some Capex allowances. Currently property is tenant occupied w/operational business. Appointment for pre-qualified experienced prospective tenants must be coordinated in advance with listing agent. New lease is subject to tenant's vacancy upon lease expiration.



© 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 2024-11-14T14:50:14.15.
www.theoceansiderealtyteam.com/homes/156967946
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984 Boardwalk Ocean City, NJ 08226

  • Price: $160,000
  • Status: Active Under Contract
  • On Site: 24 Days
  • Updated: 66 min ago
  • MLS #: 590174
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Ocean City/Central
County:
Cape May
Area:
Ocean City/Central
Property Description
Incredible rare opportunity for Commercial Lease in HEART OF OCEAN CITY'S BOARDWALK, next to the #1 Boardwalk destination of Playland's Castaway Cove. Property features approx 3200 sq ft restaurant/ food service space, approx 27 ft boardwalk frontage w/loading doc, backdoor delivery, 3 parking spots, plus side exit/entrance Existing tenant operates popular restaurant business & occupies 2 large commercial condos as 1 large unit. New tenant triple-net (NNN) lease is starts at $160K p/year for is 5 or 10 year term w/options to renew, ideally suited for any type of food/beverage-restaurant business. Lease includes optional use of existing older equipment. Depending on lease terms & tenant's fit-out needs, Landlord may be negotiable on cooperating with some Capex allowances. Currently property is tenant occupied w/operational business. Appointment for pre-qualified experienced prospective tenants must be coordinated in advance with listing agent. New lease is subject to tenant's vacancy upon lease expiration.
Exterior Features

Commercial Style CommercialRetailRestaurant Exterior Features Loading DockSee RemarksSign Location Beach FrontBeach BlockBoardwalkBusiness DistrictCommercial ParkCornerIslandShopping CenterBoardwalk AreaWater View Lot Dimensions 42x144 Parking 1 to 5 SpacesAssignedPaved Road Frontage See Remarks Roof Flat Siding Exterior Stucco Waterfront YN Yes

Interior Features

Air Conditioning Air CurtainCeiling Fan(s)Central Basement Crawl Space Flooring Concrete Heating Forced AirGas-Natural Hot Water Gas Interior Features Display WindowsRestroomStorage Specialty Rooms Office Space Avail.Public RestroomRetail StoreUtility Room

Property Features

Approved Short Sale N/A Auction YN No Available EquipmentFixturesRefrigeration/Freezer Bank Owned Foreclosure No Lot Number 22 May Be Subject To Third Party Approval Short Sale No Sewer Public Sewer Tax Year 2023 Taxes 1 Water Public

South Jersey Shore Regional MLS logo Listing information © 2024 South Jersey Shore Regional MLS.
Listing provided courtesy of eXp Realty - Montclair: .


© 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 2024-11-14T14:50:14.15.
 
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