748 Boardwalk,  Ocean City NJ, 08226

(Active)
$4,500,000
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MLS# NJCM102906
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Last Updated: 10/22/2019 9:57 PM
Description for 748 Boardwalk Ocean City, NJ 08226
Rare opportunity to purchase 1.0 acre of land on the beach block. Central Boardwalk Parking is located behind the Promenade Food Court adjacent to the boardwalk. Currently used as a parking lot with estimated 140 parking spots, this property is located in the "Hospitality Zone" in OCNJ so the possibilities are limitless. 1 block from the Music Pier. Keep it as a parking lot and continue to generate income with little expenses or overhead or develop the property. This is all about LOCATION! See attached survey and allowable uses from the city. Also, this property has 2 tax parcels,748 Boardwalk & 821 E 8th St the List price includes both tax parcels
Price
$4,500,000
CAPE MAY
NJCM102906
Active
Description
Rare opportunity to purchase 1.0 acre of land on the beach block. Central Boardwalk Parking is located behind the Promenade Food Court adjacent to the boardwalk. Currently used as a parking lot with estimated 140 parking spots, this property is located in the "Hospitality Zone" in OCNJ so the possibilities are limitless. 1 block from the Music Pier. Keep it as a parking lot and continue to generate income with little expenses or overhead or develop the property. This is all about LOCATION! See attached survey and allowable uses from the city. Also, this property has 2 tax parcels,748 Boardwalk & 821 E 8th St the List price includes both tax parcels
Listing Information
Property Type: General Commercial, Other
1 Acres 3O
Public Water Service
Public Sewer
Neighborhood
Room Information
Exterior / Lot Features
None
HOSPITALITY ZONE
Ocean Front, Asphalt
Driving Directions
8th and Boardwalk middle of the block
Financial Considerations
$13,095
2018
Listing Price History

Ocean City Real Estate

Ocean City is located in New Jersey. Ocean City, New Jersey 08226 has a population of 11,615.

The median household income for the surrounding county is $51,898 compared to the national median of $49,877. The median age of people living in Ocean City 08226 is 48 years.

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Courtesy: BHHS Fox & Roach-New Hope
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This content last refreshed on 10/22/2019 9:57 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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