1218 Asbury Ave, Unit A - Ground Floor

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1218 Asbury Ave, Unit A - Ground Floor

Ocean City, NJ 08226
Asking Price
Contact for price
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Ground floor office unit located at 1218 Asbury Ave
  • Traditional office asset situated in Ocean City New Jersey
  • Professional workspace suitable for administrative or consulting services
  • Positioned within a central district with local access
  • Property available for purchase in the coastal market

What's Special

Ocean City remains a prominent destination within the Southern New Jersey shore region, supported by a consistent seasonal economy and a reliable local year-round population. This traditional office space at 1218 Asbury Ave, Unit A, occupies the ground floor of a commercial building positioned in the central district of the community. The layout provides a professional environment suitable for administrative services, consulting firms, or local professional practices seeking a dedicated street-level presence. Proximity to major thoroughfares facilitates accessibility for both clients and employees throughout the coastal market. Investors and business owners will find this asset functions well as an entry-level headquarters or a secondary satellite office location. The internal configuration allows for flexible workspace arrangements to accommodate various operational needs in a high-visibility corridor.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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