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    748 Boardwalk Rear

    OCEAN CITY, NJ 08226
    • $4,500,000
    • STATUS: Active
    • ON SITE: 203 days
    • ID#: NJCM104478
    UPDATED: 41 min ago
    $4,500,000
    • 0
      BEDS
    • 1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    School District:

    Description

    Rare opportunity to purchase 1.0 acre of land on the beach block. Developers/Investors this is your chance to build a new hotel and/or condos on the beach block in Ocean City, NJ. When have you ever seen a full acre for sale in the Hospitality Zone. Central Boardwalk Parking is located behind the Promenade Food Court adjacent to the boardwalk. Currently used as a parking lot with estimated 140 parking spots, this property is located in the "Hospitality Zone" in OCNJ so the possibilities are limitless. Close to the Music Pier, shopping, restaurants, amusement rides, and much more. Keep it as a parking lot and continue to generate income with little expenses or overhead or develop the property. This is all about LOCATION! See attached survey and allowable uses from the city. Also, this property has 2 tax parcels,748 Boardwalk & 821 E 8th St the List price includes both tax parcels

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Potomac Prestige. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-04-14T08:56:03.99.
    www.potomacprestige.com/homes/110271584
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    748 Boardwalk Rear OCEAN CITY, NJ 08226

    • Price: $4,500,000
    • Status: Active
    • Updated: 41 min ago
    • ID#: NJCM104478
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1
    Acres
    Neighborhood:
    Ocean City City (20508)
    County:
    Cape May
    Area:
    Ocean City City (20508)
    School District:
    Ocean City Schools
    Property Description
    Rare opportunity to purchase 1.0 acre of land on the beach block. Developers/Investors this is your chance to build a new hotel and/or condos on the beach block in Ocean City, NJ. When have you ever seen a full acre for sale in the Hospitality Zone. Central Boardwalk Parking is located behind the Promenade Food Court adjacent to the boardwalk. Currently used as a parking lot with estimated 140 parking spots, this property is located in the "Hospitality Zone" in OCNJ so the possibilities are limitless. Close to the Music Pier, shopping, restaurants, amusement rides, and much more. Keep it as a parking lot and continue to generate income with little expenses or overhead or develop the property. This is all about LOCATION! See attached survey and allowable uses from the city. Also, this property has 2 tax parcels,748 Boardwalk & 821 E 8th St the List price includes both tax parcels
    Exterior Features

    Construction Materials Asphalt Garage YN No Parking Features Paved Parking Parking Types Parking Lot Riparian Rights YN No Road Surface Type Black Top View Ocean Water Access YN No Water Body Type Ocean Water Oriented YN Yes Water View YN Yes Waterfront YN No

    Interior Features

    Building Area Total 0.00 Cooling None Heating None Net Square Feet 0.00

    Property Features

    Accessibility Features None Assessment Year 2020 Association YN No Business Type OtherParking LotHotel/MotelBed And BreakfastApartment Building Central Air YN No Cooling Fuel None Cross Street Atlantic Ave Heating Fuel None Historic YN No Hot Water None Incorporated City Name Ocean City City Internet Services Cable Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 304308937760 Ownership Interest Fee Simple Possession Settlement Property Sub Type Land For Commercial Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 13368.00 Tax Assessment Amount 1366900.00 Utilities Electric Available Vacation Rental YN No Water Source Public Zoning Hospitality Zone Zoning Description Hospitality ZoneDevelopment Potential includes But is Not Limited To HotelCondosMotelMixed Use RetailEtc

    Listing courtesy of Bhhs Fox & Roach-New Hope.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Potomac Prestige. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-04-14T08:56:03.99.
     
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