300 Bay Avenue

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300 Bay Avenue

Ocean City, NJ 08226
Asking Price
Contact for price
Asset Type
Commercial Mixed-use
Class
Class B

AI Property Summary

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

  • Commercial mixed-use property available for sale in Ocean City
  • Total interior footprint measures 2,346 square feet
  • Located at 300 Bay Avenue within the New Jersey market
  • Versatile building suitable for various commercial or business uses
  • Positioned in a coastal submarket with consistent seasonal activity

What's Special

For sale at 300 Bay Avenue in Ocean City, New Jersey, this mixed-use commercial asset presents a functional space for investors or business owners seeking a presence in this coastal market. The property encompasses 2,346 square feet, providing a versatile footprint suitable for a variety of commercial applications. Ocean City serves as a prominent destination within the regional economy, benefiting from steady seasonal activity and a consistent local population base that supports diverse business operations. The layout of this building allows for potential configuration adjustments to meet specific tenant or owner-user requirements. Its positioning in the submarket provides access to the established infrastructure and high-traffic corridors characteristic of the area. Prospective buyers will find that this property serves as a practical addition to a commercial portfolio or an entry point into the local business landscape, offering utility and adaptability in a well-trafficked location.

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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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