Fox & Roach Realtors - Berkshire Hathaway Home Services - Ocean City New Jersey

KEVIN DECOSTA

OCEAN CITY NEW JERSEY SALES, RENTALS, INVESTMENTS & MANAGEMENT SERVICES

704 Asbury Avenue, Ocean City NJ

Active PRICE: $1,650,000

MLS NUMBER: 611102

BEDROOMS: 0 BATHROOMS: 2

STREET ADDRESS: 704 Asbury Avenue

CITY: Ocean City NJ

PROPERTY TYPE:

SQ FT: LOT DIMENSIONS: 40x100

TOTAL ROOMS:

DAYS ON MARKET:

NEW CONSTRUCTION:

TAXES: $5700 TAX YEAR: 2026

PROPERTY DESCRIPTION

Rare Downtown Ocean City Commercial Investment opportunity. Blue Chip 700 block of Asbury Ave on a 40x100 oversized lot with 3850 square feet of retail/restaurant space currently used as 2 "TWO" commercial storefronts. One unit is 2500 sq ft and the other is approximately. 1350 sq ft. High traffic location next to Landmark Cafe, 7th Street Surf Shop, Hoys and many other fine shops. Current Tenants are "Triple A" with Long term Leases with adj. Inflation increases. Long term this property has uses for development of a Mixed use condo development. All Masonry building is low Maintenance. Buildings Mechanicals were updated in 2013-14. Perfect opportunity for an investor looking for a no-hassle predictable long term income stream with upside opportunity for future use or development.

PROPERTY FEATURES

Cooling:Central
Heating : Forced Air

Interior Features : 220 Volt Electricity,Storage
Location : Business District
Sewer : Public Sewer

Siding/Exterior: Masonry,Stucco
Water Heater: Gas
Water: Public
Lot Dimensions : 40x100
Status: Active

Last Database Update: 09/01/2026

Listing Courtesy of . Compass New Jersey-Ocean City (O463E).
© South Jersey Shore Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional MLS. Real Estate listings held by brokerage firms other than Kevin Decosta of Fox & Roach Realtors - Berkshire Hathaway Homeservices are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but is not guaranteed. The broker providing these listings to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing.

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Kevin Decosta
Broker/Salesperson
Ocean City Sales & Rentals
Berkshire Hathaway Fox & Roach Realtors
109 34th Street, Ocean City, New Jersey
Cell Phone: (609) 602-2627
Toll-Free: 1 (877) 978-7500 Ext: 131
Direct Office Phone: (609) 545-5053

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