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$2,950,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 596829
Style Comm. w/Apartments
Annual Tax Amount $9,471
Tax Year 2024
Property Description
Welcome to 1061 Asbury Ave, one of Ocean City's premier mixed use buildings in the downtown Asbury Area. This sale is for **Real Estate ONLY** and does NOT include the sale of Starbucks business in any way, shape, or form. The first floor is a commercial unit with a well established, premier tenant on a long term lease and the second floor is a gorgeous 4 bedroom, 2 bathroom condo with an amazing outdoor space, perfect for entertaining. This unit is currently being used as a short term rental with some 2025 rentals in place. There is one off-street parking spot for the commercial unit and two off-street parking spots for the residential unit so no need to worry about parking! Sit back and enjoy steady long term rent from your commercial tenant while you maximize the rental income in the short term market upstairs! Don't sleep on this one because it won't last!
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/Central
Location Details Business District
Rooms
Basement Slab
Interior
Interior Features Restroom
Heating Gas-Natural, Multi-Zoned
Flooring Linoleum/Vinyl
Exterior
Parking Features 1 to 5 Spaces, Off Street
Roof Type Asphalt
Building
Sewer Public Sewer
Water Public
Others
Virtual Tour https://youtu.be/BCDXsqVZ39Y?si=-SbH9_fdp8jXIJIu
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Listed by Keller Williams Realty Jersey Shore-Ocean City