1061 Asbury Ave new

Ocean City,NJ 08226

$ 2950000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 596829

Style Comm. w/Apartments

Annual Tax Amount $9,471

Tax Year 2024

Property Description

Welcome to 1061 Asbury Ave, one of Ocean City's premier mixed use buildings in the downtown Asbury Area. This sale is for **Real Estate ONLY** and does NOT include the sale of Starbucks business in any way, shape, or form. The first floor is a commercial unit with a well established, premier tenant on a long term lease and the second floor is a gorgeous 4 bedroom, 2 bathroom condo with an amazing outdoor space, perfect for entertaining. This unit is currently being used as a short term rental with some 2025 rentals in place. There is one off-street parking spot for the commercial unit and two off-street parking spots for the residential unit so no need to worry about parking! Sit back and enjoy steady long term rent from your commercial tenant while you maximize the rental income in the short term market upstairs! Don't sleep on this one because it won't last!

Location

State NJ

County Cape May

Community Ocean City

Area Ocean City/Central

Location Details Business District

Rooms

Basement Slab

Interior

Interior Features Restroom

Heating Gas-Natural,Multi-Zoned

Flooring Linoleum/Vinyl

Exterior

Parking Features 1 to 5 Spaces,Off Street

Roof Type Asphalt

Building

Sewer Public Sewer

Water Public

Others

Virtual Tour https://youtu.be/BCDXsqVZ39Y?si=-SbH9_fdp8jXIJIu

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