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    656 Asbury-Business Only Ave Ocean City, NJ 08226

    For Sale
    $199,999

    CommercialSale - Ocean City, NJ

    Days on Market:
    18
    Last Refresh:
    Dec 6 at 7:06 pm

    Property Features for 656 Asbury-Business Only Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Architectural style
    Other

    Berkshire Hathaway HomeServices Fox & Roach, Realtors [email protected]

    Listing agent Bob Idell (609) 399-0041

    Listing date Nov 19, 2025

    MLS# 602495 Listing URL

    Copyright © 2025 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Restaurant Franchise Opportunity

    This turn-key franchise opportunity is located in the heart of downtown Ocean City, New Jersey, on high-traffic Asbury Avenue. The established shop benefits from strong brand recognition and a steady flow of local and seasonal customers. The sale includes all equipment, recipes, and operational systems, offering an excellent opportunity for an entrepreneur or owner-operator to step into a proven, profitable concept in a prime location. Established in 1992 in South Philadelphia, the brand has built a reputation for its authentic, Italian-inspired hoagies, combining traditional recipes with fresh, flavorful ingredients, including Thuman's meats and cheeses, and fresh baked bread. As a franchise, the new owner will benefit from comprehensive support, including advanced CRM tools, digital menu boards, business consultants, and robust marketing efforts. Three weeks of corporate training are included for the new owners.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Map

    City
    Ocean City
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.573451
    Latitude
    39.28136

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    FAQs

    What type of property is this?
    Turn key restaurant - Established franchise restaurant for sale in downtown Ocean City, NJ.
    Where is this turn key restaurant located?
    The property is located at 656 Asbury-Business Only Ave Ocean City, NJ.
    What is the asking price?
    The asking price for this property is $199,999.
    What are key features of this property?
    This property features: - Prime location on high-traffic Asbury Avenue in Downtown Ocean City, NJ.; - Turn-key franchise operation with established brand recognition and customer base.; - Includes all equipment, recipes, and operational systems for immediate operation.
    (609) 399-0041
    Request Owner's contact information
    656 Asbury-Business Only Ave Ocean City, NJ 08226
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    Ocean City, NJ 08226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    656 Asbury-Business Only Ave Ocean City, NJ 08226
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