$825,000
Sold

338-40 Ocean Avenue

Ocean City, NJ 08226
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

**ATTENTION INVESTORS & BUSINESS OWNERS** Fantastic, RARE, North end mixed use opportunity! This building has be completely reconstructed from the ground up & features a first floor commercial unit & a second floor 3bd 1ba residential unit! An important feature of this building is that is sits on a **New FEMA approved foundation** eliminating the worry of rising flood insurance premiums. Live in or rent out the upstairs & run your dream business downstairs! On top of the new foundation, the property features a new roof, new siding, new external concrete, off street parking, new water mains, new high flow gas meters, new upgraded electrical meters, new HVAC systems, great corner visibility, 2.5 blocks to the beach & boards, 1.5 blocks to Ocean City High School. The commercial unit features New Concrete floors, new plumbing, new electric, new handicap accessible bathroom, new storage room or office, utility room, (5) sink rough-ins, new take-out window, outside cafe seating, new commercial doors, new windows, and approximately 1,400 sq ft of raw space to create your perfect store layout. The residential unit features a new kitchen w/ granite counter tops, tile floors, self closing cabinets, stainless steel appliances, new washer & dryer, new hickory hardwood floors, new tile bathroom, new outside shower, New fiberglass deck, TONS of storage, and great natural light throughout the day! The first & second floors are also being sold separately MLS #494865 & MLS #94297

Location

Steven EislerReal Estate Group