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800 Boardwalk, Ocean City, NJ -
ACTIVE
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VIEW ALL PICTURES |
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For Sale: $3,750,000
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| Beds: Baths: Half Baths:
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Type: Commercial/Industrial |
| DOM: 5 Days MLS: 262301 |
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PROPERTY MAP VIEW
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| PROPERTY DESCRIPTION |
| 800 Boardwalk Ocean City, NJ Prime boardwalk frontage in the heart of Ocean City's entertainment district. This 2,464-square-foot commercial condominium sits directly across from the Ocean City Music Pier, the anchor venue on the boards, with municipal parking immediately behind. It's a corner of the boardwalk where foot traffic is generated rather than passed through arriving crowds, event nights, and the natural pedestrian flow between the parking lot and the water. The unit produces $177,086 annually under a lease running through January 31, 2031, with annual CPI escalations tied to the Philadelphia Wilmington Atlantic City index. Income steps up with inflation rather than sitting flat for the balance of the term. Rent arrives in four seasonal installments, June through September, matching the operating rhythm of the market. Real estate taxes are $13,371.32 (2025) a light carry relative to the income the position generates. The second floor presents value-add potential for a buyer willing to pursue it. Ocean City is the most consistent family market on the Jersey Cape a dry town with multigenerational visitation and one of the shore's most durable summer economies. Boardwalk positions of this quality rarely reach the open market. Lease available upon request.
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| AMENITIES |
- Heating:Gas Natural
- Cooling:Central Air Conditioning
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Request Property Information - 800 Boardwalk, Ocean City NJ
Bedroom(s) | Bathroom(s) |
For Sale:
$3,750,000
| MLS Number: 262301 |
Property Type: Commercial/Industrial
Provided by: Monihan Realty - www.monihan.com
(Information Above Will Appear At The Top Of The Email That Is Sent to Monihan Realty) |
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 Listing Courtesy of HOFFMAN AGENCY.
© 2015 South Jersey Shore Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional MLS. Real Estate listings held by brokerage firms other than Monihan Realty are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but is not guaranteed. The broker providing these listings to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. |
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