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Grocery and Convenience Store with Kitchen
New
For Sale
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1340-A Asbury Avenue, Ocean City, NJ 08226

Established neighborhood market combining retail sales, deli service, food preparation, and catering operations.

Property SizeContact for details
Days on Market5

Property Features for 1340-A Asbury Avenue

General Information

Standard status Active
Property subtype Mixed Use, Land

Additional Details

Business Included Yes

Building Details

Year Built 2004
Units 1
Tenancy Single
Listing Agency: Nancy Kowalik Real Estate Group
Listed By: Nancy Kowalik · License #NJ
Source: Crexi
Added: Aug 7 Changed: Aug 11 Last Checked: Aug 11 at 8:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nancy Kowalik Real Estate Group

Investment Insights

Based on property information with market context.

The offering combines a grocery and convenience store with the underlying real estate and an operating food-service business. The property includes a deli, a fully equipped kitchen, and facilities supporting catering activity alongside everyday market sales.

A replacement store was constructed on the original site in 2004. The business traces its establishment to 1924 and operates at 1340-A Asbury Avenue in Ocean City, New Jersey.

Key Highlights

  • Real estate and operating business included in the sale
  • Store rebuilt on its original site in 2004
  • Established in 1924

Property Analytics

Current Use

Grocery and convenience stores

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.

Lease Details

Single-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

226
Businesses Nearby
Balanced
Demand for This Use

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
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Similar Off Market Nearby

  • Blitz's Market 2100 Asbury Ave, Ocean City, NJ 08226
  • ACME Markets 800 West Ave, Ocean City, NJ 08226

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Established neighborhood market combining retail sales, deli service, food preparation, and catering operations.
Where is this grocery and convenience store located?
The property is located at 1340-A Asbury Avenue Ocean City, NJ.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Real estate and operating business included in the sale; Store rebuilt on its original site in 2004; Established in 1924
(856) 371-8608 Call to check price and availability
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