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New Construction Storefront with Twelve-Foot Ceilings
For Sale
$499,900

1329 West Ave, Ocean City, NJ 08226

COMMERCIAL - Ocean City, NJ

Property Size1,218 SF
Price / SF$410.43
Days on Market154

Property Features for 1329 West Ave

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Rooms Office
Interior features 220 Volt Electricity, Display Windows, Fire Sprinkler System, Handicap Features, Restroom, Smoke/Fire Alarm, Storage
Accessibility Accessible Approach with Ramp
Lot features Business District, Boardwalk Area
Directions Located at 13th & West Ocean Side of the Street.
Subdivision Ocean City/Central
Standard status Active

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Amenities

gas heat
central air
half bath
12-foot ceilings
large windows
elevated building above flood lines

Building Details

Year built 2026
Additional Structures Storage
Listing Agency: BHHS FOX and ROACH-Simpson OC
Listed By: MICHAEL G CONTINO · License #0338620
Added: Mar 5 Changed: Aug 4 Last Checked: Aug 6 at 4:06AM
MLS# 605314

Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

New construction storefront at 1329 West Ave, Ocean City, NJ 08226, designed for retail use and ready for a tenant buildout plan. The space includes 1,218 SF of retail floor area, gas heat with forced-air, central air, and a half bath. Interior features include display windows, 220-volt electricity, storage, and a fire sprinkler system with smoke/fire alarm. The storefront also incorporates accessible approach with a ramp and a restroom.

The building is described as elevated above flood lines, with 12-foot ceilings and large windows to support an active storefront presentation. Construction is listed as underway, with a 2026 year built. Public water and public sewer services are indicated.

Key Highlights

  • 1,218 SF ground‑floor retail storefront space
  • 12‑foot ceilings with large windows and display windows
  • Gas forced‑air heat and central air

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $21.9k $18.00
− Vacancy −$1.8k −$1.44
EGI $20.2k $16.56
− OpEx −$6.1k −$4.97
NOI $14.1k $11.59
1,218 SF · lease $18.00/SF/yr · vacancy 8.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$201.7K
$176.5K – $235.3K (±1% cap)
NOI $14,119 @ 7.0% cap · market cap 2.82%
Second Best
no second resolved use
Theoretical Best
Office A
$372.8K
$326.2K – $435.0K (±1% cap)
NOI $26,098 @ 7.0% cap · market cap 5.22%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Grocery & Convenience Store Garden Center Big Box & Wholesale Store Catering Service Home Appliance Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,451
Businesses Nearby
42k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 43% Dining 41% Shops & Services 12% Home Improvements & Furnishings 3%
ACME Markets Groceries
18,185 visits/mo 0.4 miles
McDonald's Dining
9,114 visits/mo 0.5 miles
Dunkin' Donuts Dining
4,788 visits/mo 0.5 miles
TD Bank Shops & Services
3,746 visits/mo 0.4 miles
Domino's Pizza Dining
1,534 visits/mo 0.4 miles

Demographics for 08226, NJ

11,229
Population
20,905
Households
0.5
Avg Household Size
57
Median Age
55%
College-Educated
97%
High-School Grad
6.8 sq mi
ZIP Area
1,651
Density / Sq Mi
$101,782
Median Household Income
$54,323
Median Earnings
$1,670
Median Rent
$719,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Spinning Wheel Florist 858 Asbury Ave, Ocean City, NJ 08226

Frequently Asked Questions

What type of property is this?
Storefront property - Ground-floor storefront offers gas forced-air heat, central air, and accessibility ramp approach, with fire sprinkler and display windows.
Where is this storefront property located?
The property is located at 1329 West Ave Ocean City, NJ.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 1,218 SF ground‑floor retail storefront space; 12‑foot ceilings with large windows and display windows; Gas forced‑air heat and central air
More about this property
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