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Two-Storefront Retail Property
New
For Sale
$1,650,000

704 Asbury Ave, Ocean City, NJ 08226

COMMERCIAL/INDUSTRIAL, Ocean City, NJ

Property Size3,850 SF
Price / SF$428.57
Days on Market1

Property Features for 704 Asbury Ave

General Information

Property type Commercial Sale
Property subtype Other
Interior features 220 Volt Electricity, Storage
Lot features Business District
Directions Downtown Asbury Ave
Subdivision Ocean City/Central
Standard status Active

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 5700

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Flooring type Slab
Roof type Flat
Additional Structures Storage
Listing Agency: Compass New Jersey-Ocean City (O463E)
Listed By: KURT FEINSTEIN
Added: Aug 21 Last Checked: Aug 21 at 10:06PM
MLS# 611102

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 masonry commercial property contains 3850 square feet of retail and restaurant space arranged as two separate storefronts. The larger unit measures 2500 square feet, while the second is approximately 1350 square feet. Both spaces are currently leased under long-term agreements that include inflation adjustments. The building includes storage, slab flooring, a flat roof, central air, forced-air heating, 220 volt electricity, public water, and public sewer. Building mechanical systems were updated in 2013-14.

The property occupies a 40x100 oversized lot at 704 Asbury Ave in Ocean City, NJ. It is situated in the 700 block of Asbury Ave, next to Landmark Cafe, 7th Street Surf Shop, Hoys, and other shops. The existing two-storefront configuration supports continued retail or restaurant use.

Key Highlights

  • 3850 square feet of retail and restaurant space
  • Two storefronts measuring 2500 square feet and approximately 1350 square feet
  • 40x100 oversized lot at 704 Asbury Ave, Ocean City, NJ 08226

Property Analytics

Current Use

Bloom True Life ... Life Coach The Sneaker Shop Clothing & Fashion Store Glazed Over Studio ... Vocational School

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Garden Center Big Box & Wholesale Store 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,627
Businesses Nearby
56k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 47% Groceries 32% Home Improvements & Furnishings 12% Shops & Services 9%
ACME Markets Groceries
18,185 visits/mo 0.1 miles
McDonald's Dining
9,114 visits/mo 0.2 miles
Starbucks Dining
9,021 visits/mo 0.4 miles
Dunkin' Donuts Dining
4,788 visits/mo 0.3 miles
TD Bank Shops & Services
3,746 visits/mo 0.2 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
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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 - Masonry commercial building with public utilities, central air, and forced-air heating.
Where is this storefront property located?
The property is located at 704 Asbury Ave Ocean City, NJ.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 3850 square feet of retail and restaurant space; Two storefronts measuring 2500 square feet and approximately 1350 square feet; 40x100 oversized lot at 704 Asbury Ave, Ocean City, NJ 08226
More about this property
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