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991 Ocean Drive Lower Township, NJ
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MLS#: |
262659 |
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Property |
Commercial/Industrial
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Price: |
$4,200,000.00
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Location: |
991 Ocean Drive |
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City: |
Lower Township
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State: |
NJ
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Bedrooms: |
0
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Bathrooms: |
0
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Lot Size: |
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YearBuild: |
1970
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Taxes: |
$19,864.50(2025) |
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Prime Ocean Drive Commercial Real Estate — Real Estate Only Exceptional opportunity to acquire a prominent commercial property located at 991 Ocean Drive, strategically positioned along the causeway connecting Cape May to the barrier islands and serving as a gateway to Diamond Beach. The property sits on a substantial 190' x 110' lot totaling approximately 20,647 square feet, with an impressive 190 feet of frontage on Ocean Drive and 30 parking spaces. The 4,510-square-foot building was renovated in 2017 for continued use as a restaurant and bar and is situated within the MD-2 Marine Development Commercial zoning district. Features include vaulted ceilings, mahogany-paneled walls, quarry tile floors, a walk-in refrigerator, a partial basement providing additional storage beneath the bar, and an outside dining area with water views of the Marine District. This offering is for the real estate only. The business, liquor license, furniture, equipment, personal property, and other business assets are expressly excluded from the sale and will not transfer to the buyer.
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