109 34th St - Office FOR SALE
Ocean City, NJ 08226 |
$2,166,041 USD
215-603-6914
109 34th St
Ocean City, NJ 08226
HIGHLIGHTS
- Located on 34th Street in Ocean City, NJ, this property benefits from its position on a high-visibility corner parcel.
- The property features a dedicated 22-space private parking lot, a rare and valuable amenity in this densely developed part of Ocean City.
- Leased to Fox & Roach LP, operating under the Berkshire Hathaway Home Services brand, the property benefits from the credibility.
- Positioned on a major thoroughfare into southern Ocean City, the property benefits from strong traffic counts of 14,316 vehicles per day.
- With its high-profile location, traffic-driving neighbors, and dedicated parking, the property offers excellent potential for redevelopment.
- Located on 34th Street, just 0.3 miles from a major Ocean City public beach access point, the property is ideally positioned to capture foot traffic.
OVERVIEW
CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this property located at 109 34th Street in Ocean City, New Jersey. The building, housing 7,013 SF of office space, is situated on a high-visibility corner parcel in an award-winning shore destination. Leased to Fox & Roach LP, operating under the Berkshire Hathaway Home Services brand, the property benefits from a stable and established tenant. With over 4,500 dedicated sales professionals and more than 75 offices across Pennsylvania, New Jersey, Delaware, and Maryland, Berkshire Hathaway Home Services is a dominant force in the PA/NJ/MD/DE real estate market.
FOR SALE DETAILS
PRICE
$2,166,041 USD
PRICE/SF
$309 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
ADD'L SUBTYPES
Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
C
YEAR BUILT
1993
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
0.34 AC
LAND SF
14,810 SF
ZONING
Comm
APN/PARCEL ID
08-03305-0000-00019
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215-603-6914
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215-603-6914
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