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Key Details
Sold Price $1,700,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 549943
Sold Date 06/18/21
Style Comm. w/Apartments,Restaurant
Annual Tax Amount $7,147
Tax Year 2020
Property Description
Attention Restaurant Owners!! Jon & Patty's Coffee Bar & Bistro, an established, year-round, turnkey restaurant, guaranteed fabulous income! A real cash cow! $88,000 in rental income! Employee's Stay! Sold with a full staff! Rare opportunity to own a mixed use building located in the heart of Ocean City's business district. One of Ocean City's most successful restaurants, 120 inside seats, 40 outside seats. The restaurant has 2 floors, 2 kitchens, approximately 4,000 square feet. The restaurant was completely gutted in 2016 and a brand new additional beautiful kitchen was installed on the 2nd floor in 2017. In addition, the 3rd floor has a charming 3 bedroom apartment!! THE BUILDING CAN BE SOLD SEPARATELY FOR $1.29. A new roof in April, 2021. Hurry and jump into this popular Ocean City eatery and take advantage of the anticipated 2021 Banner Summer Season!
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/Northend
Location Details Business District
Rooms
Basement Crawl Space
Interior
Interior Features 220 Volt Electricity, Display Windows, Living Space Available, Restroom, Security System, Smoke/Fire Alarm
Heating Gas-Natural
Flooring Hardwood, Linoleum/Vinyl
Exterior
Exterior Feature Sign
Roof Type Asphalt
Building
Story 3
Sewer Public Sewer
Water Public
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