991 Ocean Drive, Lower Township NJ

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991 Ocean Drive, Lower Township, NJ - Active

For Sale: $4,200,000

Half Baths:

Type: Restaurant

DOM: 3 Days

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PROPERTY DESCRIPTION

Prime Ocean Drive Commercial Real Estate Real Estate Only Exceptional opportunity to acquire a prominent commercial property located at 991 Ocean Drive, strategically positioned along the causeway connecting Cape May to the barrier islands and serving as a gateway to Diamond Beach. The property sits on a substantial 190' x 110' lot totaling approximately 20,647 square feet, with an impressive 190 feet of frontage on Ocean Drive and 30 parking spaces. The 4,510-square-foot building was renovated in 2017 for continued use as a restaurant and bar and is situated within the MD-2 Marine Development Commercial zoning district. Features include vaulted ceilings, mahogany-paneled walls, quarry tile floors, a walk-in refrigerator, a partial basement providing additional storage beneath the bar, and an outside dining area with water views of the Marine District. This offering is for the real estate only. The business, liquor license, furniture, equipment, personal property, and other business assets are expressly excluded from the sale and will not transfer to the buyer.

PROPERTY FEATURES

Heating:Gas Propane
Heating:Electric
Heating:Heat Pump
Restroom
11 Or More Spaces
Heater:Electric
Restroom
Cooling:Central Air Conditioning
Cooling:Electric

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Request Property Information - 991 Ocean Drive, Lower Township NJ

Bedroom(s) | Bathroom(s) | For Sale: $4,200,000 | MLS Number: 262659 |
Property Type: Restaurant
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 LONG & FOSTER REAL ESTATE, INC cm. 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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