1340 Asbury Ave - Restaurant FOR SALE


Ocean City, NJ 08226
$1,699,000 USD
1340 Asbury Ave, Ocean City, NJ for Sale
$1,699,000 USD
Restaurant - FOR SALE
1/43
null | Request Cap Rate

1340 Asbury Ave
Ocean City, NJ 08226


HIGHLIGHTS

  • Prime Downtown Location: High foot traffic area, ideal for retail and restaurant operations.
  • Parking & Access: 60 FT frontage on Asbury Ave for excellent visibility.
  • Construction & Features: Masonry building with sprinklers and air conditioning.

OVERVIEW

Rare opportunity to own a cornerstone business in Ocean City—Boyar’s Market! Established in 1924, this iconic neighborhood market has been serving the community for over 100 years with a rich history of quality food and service. A new store was built in 2004 on its original site, ensuring modern functionality while maintaining its legacy. This sale includes real estate and a thriving business, featuring a fully equipped kitchen, deli, grocery store, and a booming catering operation. Prime downtown location with high foot traffic.

FOR SALE DETAILS

PRICE

$1,699,000 USD

PRICE/SF

$169 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1340 Asbury Ave

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,356 SF

ZONING

-

APN/PARCEL ID

08-01305-0000-00025-0000-C1,08-01305-0000-00025-0000-C4

ASK ABOUT THIS PROPERTY

Nancy KowalikNancy Kowalik Real EstateMore Info

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