Downtown Mixed-Use Income
503-505 E 9th Street Ocean City, NJ 08226
For Sale
$2,374,999
COMMERCIAL - Ocean City, NJ
Property Size2,000 SF
Price / SF$1,187
Days on Market212
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
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 Agency:
BERGER REALTY-Main
(609) 399-0076
Listed By:
GEORGE CASH · License #0559285
(609) 231-3586
Added: Dec 29, 2025
Changed: Jul 28
Last Checked: Jul 29 at 1:06PM
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.
Investment Insights
Based on property information with market context.
This mixed-use income property features two commercial units (503 and 505) and multiple leased residential apartments. The commercial space is leased to a restaurant (business not included in the sale) with approximately 2,000 square feet, and the lease is scheduled to end in November with 3% annual increases. Residential units include three 3-bedroom, 1-bath apartments and one 3-bedroom, 2-bath apartment, all fully leased.
The property is positioned at a high-traffic corner at 9th Street and Central Avenue in Ocean City, with visibility from both foot traffic and beach-bound vehicles.
The property is being sold “as-is,” and inspections are for informational purposes only. The owners will consider selling separate addresses, including separate offers for unit 503 or unit 505.
The property is positioned at a high-traffic corner at 9th Street and Central Avenue in Ocean City, with visibility from both foot traffic and beach-bound vehicles.
The property is being sold “as-is,” and inspections are for informational purposes only. The owners will consider selling separate addresses, including separate offers for unit 503 or unit 505.
Key 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
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Corner property with two leased commercial units and multiple fully leased apartments, sold as-is.
Where is this conventional restaurant 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**
