5501 West Ave

Ocean City, NJ
$ 2,299,000 Beds 0 Baths 3 Virtual Tour
Monthly Estimate* How much can I afford?

Don’t miss out on this Rare, Southend, Fully Renovated, Mixed Use, Commercial Opportunity. The first floor features a turnkey restaurant with all NEW equipment, Huge Custom Built Kitchen, Custom Built Walk-in Refrigerator, Dishwashing Station, Storage Area, Oversized Prep Area, Handicap Accessible entrance & Bathroom, and Beautifully Designed Counter/Ordering Area. The second floor features 4 Bedrooms, 2 Bathrooms, Front Deck, Open Floor Plan, GORGEOUS Kitchen, Center Island, Granite Countertops, Stainless Steel Appliances, Tile Backsplash, Recessed Lighting, Tile Flooring in all Bathrooms, Tiled Master Shower, Private Entrance, Off-Street Parking, and SO MUCH MORE! Property is also fully equipped with a Commercial Grade Sprinkler System, Security System, and Audio & Video system. When it comes to a PRIME LOCATION it doesn't get much better than this! This CORNER property is located on the highly traveled West Ave & “Ocean Drive” and is only 2 short blocks to the beach! This building is READY TO GO! Live at the beach and run your dream business!

Commercial

  • Price
  • $ 2,299,000
  • Lot Size
  • Bedrooms
  • 0
  • Full Bathrooms
  • 3
  • Half Bathrooms
  • 0
  • City, Zip
  • Ocean City
  • Taxes
  • 5900
  • County
  • CAPE MAY
  • Style
  • Comm. w/Apartments,Commercial,Restaurant
  • Area
  • Ocean City-Southend
  • MLS#
  • 548001
  • Zip
  • 08226
Listing Provided by: Keller Williams Realty Jersey Shore-Ocean City
Data Source: South Jersey Shore Regional MLS

Features

General

Class COMMERCIAL/INDUSTRIAL
Flooring Carpet-Partial, Hardwood, Linoleum/Vinyl
Heating Forced Air, Gas-Natural, Multi-Zoned
Listing Area Ocean City/Southend
Parking 1 to 5 Spaces, Off Street
Road Frontage County, State
Roof Asphalt
Sewer Public Sewer
Status Active
Status Active
Style Comm. w/Apartments, Commercial, Restaurant
Tax Year 2020
Taxes 5900
Water Public

Interior Features

Air Conditioning Ceiling Fan(s), Central, Gas, Multi-Zoned
Hot Water Gas
Interior Features 220 Volt Electricity, Fire Sprinkler System, Handicap Features, Living Space Available, Restroom, Security System, Smoke/Fire Alarm, Storage
Specialty Rooms Public Restroom, Utility Room
Stories 2

Exterior Features

Exterior Features Security Light/System
Exterior/Siding Vinyl
Lot Dimensions 40x90

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Villas, NJ office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/7/2021 Listed $2,299,000

Property vs Zip Code Average in 08226

Price
AVG $1.1M
$2.3M
Taxes
AVG $4,665
$5,900
Visits
AVG 31
15
Walkscore
AVG 68
15
Data Provided by Walkscore ® not using MLS data

Map

5501 West Ave Ocean City, NJ is a Single Family Home for sale at $2299000 and a lot size of Acre(s). 5501 West Ave Ocean City has 0 bedrooms, 3 baths . The property's zip code is 08226 which is in Ocean City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.