Virtual Tour

748 Boardwalk Rear , Ocean City NJ

$4,500,000 | $20,738 / Month*

Courtesy of BHHS FOX and ROACH-109 34th OC
MLS #548558



Lot Description: Beach Block, Boardwalk Area
Property Location: Beach Block, Boardwalk Area
Zoning: Commercial, Duplex, Hotel/Motel, Mixed Use, Multi Family, Residential
Foreclosure: No
Location: Beach Block, Boardwalk Area
Utilities: Cable, Electric, Gas, Sewer, Water

Rare opportunity to purchase 1.0 acre of land on the beach block. Developers/Investors this is your chance to build a new hotel and/or condos on the beach block in Ocean City, NJ. When have you ever seen a full acre for sale in the Hospitality Zone. 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. Close to the Music Pier, shopping, restaurants, amusement rides, and much more. 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

My Notes

Thoughts about this property? Write them down for quick reference the next time you view this property.