800 Boardwalk, Ocean City, NJ 08226
sale
$3,750,000
|
Other
Courtesy Of HOFFMAN AGENCY
800 Boardwalk - Ocean City, NJ Prime boardwalk frontage in the heart of Ocean City's entertainment district. This 2,464-square-foot commercial condominium sits directly across from the Ocean City Music Pier, the anchor venue on the boards, with municipal parking immediately behind. It's a corner of the boardwalk where foot traffic is generated rather than passed through - arriving crowds, event nights, and the natural pedestrian flow between the parking lot and the water. The unit produces $177,086 annually under a lease running through January 31, 2031, with annual CPI escalations tied to the Philadelphia-Wilmington-Atlantic City index. Income steps up with inflation rather than sitting flat for the balance of the term. Rent arrives in four seasonal installments, June through September, matching the operating rhythm of the market. Real estate taxes are $13,371.32 (2025) - a light carry relative to the income the position generates. The second floor presents value-add potential for a buyer willing to pursue it. Ocean City is the most consistent family market on the Jersey Cape: a dry town with multigenerational visitation and one of the shore's most durable summer economies. Boardwalk positions of this quality rarely reach the open market. Lease available upon request.
Read More About This Property
Read Less About This Property
Copyright © 2026 Cape May County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.
Property Features
- Building Units: 1
- Cooling System: Central Air
- Heating System: Natural Gas
- MLSID: 262301
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
