Prime Ocean City Investment
503-505 E 9th Street, Ocean City, NJ 08226
- Added:
- Dec 29, 2025
- Days on Market:
- 144
- Last Refresh:
- May 22 at 1:06 pm
Property Features for 503-505 E 9th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Interior features
- 220 Volt Electricity, Fire Sprinkler System, Restroom, Smoke/Fire Alarm
- Standard status
- Active
- Size
- 2,000 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 8452
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Hot Water(Heating), Baseboard
- Cooling system
- Window Unit(s)
- Water source
- Public
- Water front
- 1
Building Details
- Number of units
- 6
- Roof type
- Flat
Listing agent GEORGE CASH License #0559285 (609) 231-3586
Listing office BERGER REALTY-Main 3160 ASBURY AVE, Ocean City, NJ (609) 399-0076
Listing date Dec 29, 2025
MLS# 603342
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.
HighLights
- Prime downtown Ocean City location at the high‑traffic corner of 9th Street & Central Avenue
- Established rental income stream from commercial units and apartments
- Two commercial units currently leased to a thriving restaurant with a monthly rental income of $3957 and 3% annual increase
- Four apartments (three 3‑Bedroom 1‑Bath & one 3‑bedroom 2‑bath) fully leased at $1,600/month each
- High visibility corner lot with excellent exposure to foot and vehicle traffic
- Property includes fire sprinkler system, smoke/fire alarm, and restroom in commercial units
Overview
This property, located at the high-traffic corner of 9th Street & Central Avenue in downtown Ocean City, presents a commercial real estate investment opportunity. The offering includes two commercial units (503 & 505), currently leased to a thriving restaurant with approximately 2000 sq ft. The monthly rental income for the commercial space is $3957, with the lease ending in November and a 3% annual increase. The business is not included in the sale. Additionally, the property features three 3-bedroom, 1-bath apartments and one 3-bedroom, 2-bath apartment, all fully leased at $1,600 per month each, providing immediate rental income. This northeast corner location at 9th & Central offers excellent visibility from both foot and vehicle traffic. The property is being sold "As Is", and inspections performed are for informational purposes only. The owners will consider selling separate addresses, such as separate offers on 503 or 505.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Conventional restaurants
Location Insight
- Map
- Local Demand
- City
- Ocean City
- County
- Cape May
- State
- New Jersey
- Longitude
- -74.5752518
- Latitude
- 39.2782369
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - High-traffic corner property with commercial units and apartments.
Where is this mixed-use property located?
The property is located at 503-505 E 9th Street Ocean City, NJ.
What is the asking price?
The asking price for this property is $2,374,999.
What are key features of this property?
This property features: Prime downtown Ocean City location at the high‑traffic corner of 9th Street & Central Avenue; Established rental income stream from commercial units and apartments; **Two commercial units currently leased to a thriving restaurant with a monthly rental income of $3957 and 3% annual increase**
