NJ > Ocean City
Ocean City, NJ 08232,900-908 Bay Ave
Ocean City, NJ 08232,900-908 Bay Ave
Ocean City, NJ 08232,900-908 Bay Ave
Ocean City, NJ 08232,900-908 Bay Ave
Ocean City, NJ 08232,900-908 Bay Ave
Ocean City, NJ 08232,900-908 Bay Ave
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Erica Wright

Erica Wright

+1(215) 264-7961
$ 3,999,000
Est. payment | /mo
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$ 3,999,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 595286

Style Commercial

Annual Tax Amount $16,758

Tax Year 2024

Property Description

TROPHY LOCATION - LOCATION - LOCATION! This super rare Double-Sized 227x107 HUGE CORNER LOT is located NEAR OPEN BAY in Ocean City NJ's Drive-in Business /Mixed-Use Zone and offers incredible ENDLESS POSSIBILITIES! Enlarge existing commercial expansion ideas and/or pursue various Mixed-Use Redevelopment Opportunities! Currently, there is a landmark operating business situated on the property known as “Island Beach Gear”. Main retail floor boasts 8,400 sq ft with an additional 2,100 sq ft of storage on the 2nd floor off the back of the building with a total of 10,500 sq ft of operational retail space, plus a large parking lot and delivery trailer access in the side of building. Approved uses in this zone include retail, professional office, food service/restaurants, drive thru business, and many others. There is an easement off the backside of the property for the benefit of the owner. In past years, existing business owners secured approvals for an expansion of the existing retail operation which included a two-story building (images of approved plans are included). Another fabulous option is redevelopment! The coveted commercial 100x107 corner parcel boasts the highest traffic intersection in all of Ocean City which translates to high volume traffic and lucrative profits for any business with the highest visibility like no other which you want to design and call your own for this corner. Current tenant will vacate upon sale of property. Once an owner of the property, you may also opt to pursue a variety of mixed-use options, or apply for subdivision for residential use approval, which currently has precedent on the rest of the block. As per most recent sold comparables, property is attractively priced for a quick AS IS sale. Call us directly for more specific details, to schedule a private showing and make an offer today!

Location

State NJ

County Cape May

Community Ocean City

Area Ocean City/Central

Location Details Business District,Island

Rooms

Basement Crawl Space

Interior

Interior Features Display Windows, Fire Sprinkler System, Handicap Features, Restroom, Security System, Smoke/Fire Alarm, Storage

Heating Gas-Natural

Flooring Linoleum/Vinyl

Exterior

Exterior Feature Storage Building, Loading Dock, Truck Door, Security Light/System

Parking Features 11 or More Spaces

Building

Sewer Public Sewer

Water Public

South Jersey Shore Regional MLS (SJSRMLS)
Listed by eXp Realty - Ocean City O382L
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(215) 264-7961

erica@vrarealty.com

1244 West Chester Pike, Suite 409, West Chester, Pennsylvania, 19382, USA

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900-908 Bay Ave