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9 E 55th St

Ocean City, NJ 08226
  • $2,799,000
  • STATUS: Active
  • ON SITE: 73 Days
  • MLS #: 578236
$2,799,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Introducing an Irresistible Investment Opportunity in the Heart of Ocean City, NJ's South End! Welcome to a world of endless potential and diverse opportunities in the charming south end of Ocean City. This remarkable property, nestled on a generously sized double corner lot measuring 80 x 115, is located just three short blocks away from the pristine Ocean City beaches. Tucked away discreetly off Ocean Drive, it holds the coveted "Mixed Use" approval within the Neighborhood Business Zone. Whether you're a visionary restaurateur or have grand plans for commercial ventures, this property is your canvas. Picture yourself taking the reins of the existing "Captain Bob's Restaurant," renowned for its exclusive BYOB dinners. The restaurant offers an impressive indoor-outdoor dining experience, complete with a convenient take-out window and ample parking. Indoors, there's seating for 52 patrons spread across 12 tables, with zoning approval for up to 100 customers. The restaurant also boasts two well-appointed restrooms, while outdoor seating caters to an additional 24 guests. Parking-wise, you'll find 14 designated spaces, with room for 16 more if stacked or valet-parked. The property includes a spacious private residential unit on the second floor, featuring three bedrooms, 1.5 bathrooms, a generously sized eat-in kitchen, an inviting living room, a cozy sitting room or den with a fireplace, and gleaming hardwood floors throughout. Additional storage space awaits in the sizable stand-up attic, and a garage is the cherry on top. You can embark on a culinary journey by running your very own restaurant or neighborhood food service business. Simultaneously, consider renovating and expanding the second-floor residential unit for your family's comfortable living or turn it into a lucrative rental property. This property is an irresistible goldmine just waiting to be uncovered through a comprehensive renovation and expansion. Seize the opportunity to purchase it as-is and unlock its full potential, or dive into an exciting new development project. Live your dream of running a successful business while enjoying the beachside lifestyle. Opportunities like this in Ocean City, NJ, are few and far between, so don't delay. If you, your family, business partners, or anyone you know is interested in this remarkable property and its income-generating potential, act swiftly and call us today! Your Ocean City dream awaits.

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© 2023 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cheryl Huber Team. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2023-12-10T23:50:07.757.
www.oceancitynewjerseyhomes.com/homes/143824887
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9 E 55th St Ocean City, NJ 08226

  • Price: $2,799,000
  • Status: Active
  • On Site: 73 Days
  • MLS #: 578236
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Ocean City/Southend
County:
Cape May
Area:
Ocean City/Southend
Property Description
Introducing an Irresistible Investment Opportunity in the Heart of Ocean City, NJ's South End! Welcome to a world of endless potential and diverse opportunities in the charming south end of Ocean City. This remarkable property, nestled on a generously sized double corner lot measuring 80 x 115, is located just three short blocks away from the pristine Ocean City beaches. Tucked away discreetly off Ocean Drive, it holds the coveted "Mixed Use" approval within the Neighborhood Business Zone. Whether you're a visionary restaurateur or have grand plans for commercial ventures, this property is your canvas. Picture yourself taking the reins of the existing "Captain Bob's Restaurant," renowned for its exclusive BYOB dinners. The restaurant offers an impressive indoor-outdoor dining experience, complete with a convenient take-out window and ample parking. Indoors, there's seating for 52 patrons spread across 12 tables, with zoning approval for up to 100 customers. The restaurant also boasts two well-appointed restrooms, while outdoor seating caters to an additional 24 guests. Parking-wise, you'll find 14 designated spaces, with room for 16 more if stacked or valet-parked. The property includes a spacious private residential unit on the second floor, featuring three bedrooms, 1.5 bathrooms, a generously sized eat-in kitchen, an inviting living room, a cozy sitting room or den with a fireplace, and gleaming hardwood floors throughout. Additional storage space awaits in the sizable stand-up attic, and a garage is the cherry on top. You can embark on a culinary journey by running your very own restaurant or neighborhood food service business. Simultaneously, consider renovating and expanding the second-floor residential unit for your family's comfortable living or turn it into a lucrative rental property. This property is an irresistible goldmine just waiting to be uncovered through a comprehensive renovation and expansion. Seize the opportunity to purchase it as-is and unlock its full potential, or dive into an exciting new development project. Live your dream of running a successful business while enjoying the beachside lifestyle. Opportunities like this in Ocean City, NJ, are few and far between, so don't delay. If you, your family, business partners, or anyone you know is interested in this remarkable property and its income-generating potential, act swiftly and call us today! Your Ocean City dream awaits.
Exterior Features

Commercial Style CommercialCommercial CondoOther (See Remarks)RestaurantRetail Exterior Features FenceSecurity Light/SystemSignTruck Door Location CornerIsland Lot Dimensions 80 X 115 (Double Lot) Parking 11 Or More Spaces Road Frontage County Siding Exterior MasonryVinyl Waterfront YN No

Interior Features

Air Conditioning Ceiling Fan(S)CentralWindow Units Basement Crawl Space Flooring Carpet-Partial Heating Baseboard Hot Water Gas Interior Features 220 Volt ElectricityLiving Space AvailableRestroomSecurity SystemSmoke/Fire AlarmStorage Specialty Rooms Coffee ShopLaundry RoomOffice Space Avail.Public RestroomUtility Room

Property Features

Age Range 25+ Years Approved Short Sale N/A Auction YN No Available Entertaining SpaceSurvey Bank Owned Foreclosure No May Be Subject To Third Party Approval Short Sale No Tax Year 2022 Taxes 7878 Water Public

South Jersey Shore Regional MLS logo Listing information © 2023 South Jersey Shore Regional MLS.
Listing provided courtesy of Keller Williams Realty Atlantic Shore-Brigantine: .


© 2023 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cheryl Huber Team. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2023-12-10T23:50:07.757.
 
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The Cheryl Huber Team
109 34th St
Ocean City NJ, 08226