949 Asbury , Ocean City NJ

$2,500,000 | $11,521 / Month*

MLS #564594



Foreclosure: No

Great opportunity on Asbury Ave in prime downtown area of Ocean City, NJ. For sale is a mixed-use building with established restaurant and two 3 bedroom 1 bathroom apartments. Restaurant was recently outfitted with upgraded kitchen equipment, ceramic tile, and freshly painted. Boasts a large dining area for customers and huge walk-in refrigerator. The apartments are currently under major renovation featuring new kitchens w/ stone counter tops and stainless steel appliances, new custom tiled bathrooms, flooring, and recessed lighting. Each apartment will have brand new multi-zoned heating and air conditioning. The property is in a premium location and has 2 off-street parking spots. Alternatively, purchase this property as an investment and rent the fully equipped, turnkey restaurant along with the two apartments. Current business is willing to stay and sign a multi-year lease.

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