800 Boardwalk, Ocean City NJ

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800 Boardwalk, Ocean City, NJ - Active

For Sale: $3,750,000

Type: Commercial/Industrial

DOM: 28 Days

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PROPERTY DESCRIPTION

800 Boardwalk Ocean City, NJ Prime boardwalk frontage in the heart of Ocean City's entertainment district. This 2,464-square-foot commercial condominium sits directly across from the Ocean City Music Pier, the anchor venue on the boards, with municipal parking immediately behind. It's a corner of the boardwalk where foot traffic is generated rather than passed through arriving crowds, event nights, and the natural pedestrian flow between the parking lot and the water. The unit produces $177,086 annually under a lease running through January 31, 2031, with annual CPI escalations tied to the Philadelphia Wilmington Atlantic City index. Income steps up with inflation rather than sitting flat for the balance of the term. Rent arrives in four seasonal installments, June through September, matching the operating rhythm of the market. Real estate taxes are $13,371.32 (2025) a light carry relative to the income the position generates. The second floor presents value-add potential for a buyer willing to pursue it. Ocean City is the most consistent family market on the Jersey Cape a dry town with multigenerational visitation and one of the shore's most durable summer economies. Boardwalk positions of this quality rarely reach the open market. Lease available upon request.

PROPERTY FEATURES

Heating:Gas Natural
Cooling:Central Air Conditioning

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Bedroom(s) | Bathroom(s) | For Sale: $3,750,000 | MLS Number: 262301 |
Property Type: Commercial/Industrial
Provided by: The Sudell Team - www.guysudell.com
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Let The Sudell Team be your buyer agent for this listing. Listing is provided by HOFFMAN AGENCY. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.

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