701 E 4th St - Storefront Retail/Residential FOR SALE


Ocean City, NJ 08226
$1,850,000 USD
609-884-4242
701 E 4th St, Ocean City, NJ for Sale
$1,850,000 USD
Storefront Retail/Residential - FOR SALE
1/63
null | Request Cap Rate

701 E 4th St
Ocean City, NJ 08226


HIGHLIGHTS

  • Heavy Foot Traffic
  • Two Vacation Rental Units
  • Restaurant with Outdoor Seating Permit

OVERVIEW

Now available a mixed use building in Ocean City's beautiful and historic North End. Former home to 701 Mosaic, a fifty seat restaurant withapproved sidewalk seating for additional guests, this unique three story building is full of potential. Upstairs on the third floor is a three bedroom,one bath unit with interior and exterior stairs for access. The second floor is the home of the owners, some modifications were made to the floorplan, turning the three bedroom space into a one bedroom, harvesting a bedroom for use as a walk in closet, and extra cold and dry storage forthe restaurant in the other bedroom. Easily return to a three bedroom by opening an old doorway, and closing the door to the "closet". Let'smake your ownership dreams come true, and schedule your showing appointment today!

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$606 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

701 Mosaic

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,004 SF

ZONING

-

APN/PARCEL ID

08-00304-0000-00001

ASK ABOUT THIS PROPERTY

Marc DrabkoskiRE/MAX SurfsideMore Info
609-884-4242

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Marc DrabkoskiRE/MAX SurfsideMore Info
609-884-4242

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.