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Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 262301
Annual Tax Amount $13,371
Tax Year 2025
Lot Dimensions 5,440
Property Sub-Type Commercial/Industrial
Property Description
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.
Location
State NJ
County Cape May County
Area Ocean City
Zoning Commerical
Location Details Boardwalk
Interior
Heating Gas Natural
Cooling Central Air Conditioning
Building
Lot Description Boardwalk
Sewer City
Water City
Listed by HOFFMAN AGENCY
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