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503-505 E 9th StreetOcean City, NJ 08226

Commercial
$2,374,999 Active

503-505 E 9th Street Overview

Time on Site:
182 days
Visits:
98

Golden Investment Opportunity & Prime Downtown Ocean City Real Estate! Here's your rare chance to capture both the golden goose and the golden eggs! Located at the high-traffic corner of 9th Street & Central Avenue, this offering includes: Two Commercial Units (503 & 505) — Highly visible and currently leased to a thriving restaurant with approx. 2000 sq ft, monthly rental is $3957 lease ending November with 3% annual increase (business not included in sale). Three (ea) 3-Bedroom 1-Bath Apartments & 1 (ea) 3 bedroom 2 bath aptartment — Fully leased at $1,600/month each, providing immediate rental income. This is a trophy location on the northeast corner of 9th & Central, delivering excellent visibility from both foot traffic and beach-bound vehicles. Key Highlights: Prime downtown Ocean City address Established rental income stream Strong commercial tenant in place High-visibility corner lot Don't Miss Out — Opportunities like this don't come often. Secure a premier income-generating property in the heart of Ocean City today! Property is being sold As Is. Inspections performed are for informational purpose only. Owners will consider selling separate addresses. For example, separate offers on 503 or 505

Listing provided courtesy of BERGER REALTY-Main- MLS# 603342MLS Provider
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503-505 E 9th Street Facts & Features

  • Type Commercial

Details

General

Listing Information

  • Auction: No
  • Bank Owned/Foreclosure: No

Building Information

  • AGE: 25+ Years

Location/Region

  • County Or Parish: Cape May
  • LOCATION: Boardwalk,Business District
  • MLS Area Major: Ocean City/Central

Tax Information

  • Tax Annual Amount: $8,452.00
  • Tax Year: 2024

General Information

  • Estate: No
  • Property Type: COMMERCIAL/INDUSTRIAL

Interior

Building Interior

  • HOT WATER: Electric

General Information

  • Basement: Slab
  • Cooling: Window Units
  • Heating: Baseboard, Gas-Natural, Hot Water
  • Interior Features: 220 Volt Electricity, Fire Sprinkler System, Restroom, Smoke/Fire Alarm

Unit Information

  • Unit 3 Unit: No

Exterior

Parking Information

  • Parking Total: None

Lot Information

  • Lot Size Dimensions: 503 24x47; 505 24x47
  • Water Source: Public

Waterfront/View

  • Waterfront: Yes

Building Exterior/Construction

  • Architectural Style: Restaurant
  • Construction Materials: Brick
  • Roof: Flat, Tar

General Information

  • Sewer: Public Sewer

503-505 E 9th Street Neighborhood

Community

08226 (OCEAN CITY) Demographics

57
Median Age
863
Population Density (per sq. mile)
60%
College Educated
$87,060
Estimated Median Income
3,696
Estimated Total Home Owners
1,507
Estimated Total Renters
71% / 29%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

503-505 E 9th Street Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

503-505 E 9th Street Market Data

Based on the last 30 days in this zip code

$1,796,546
Average List Price
$1,124
Average Price per Square Foot
7
Properties Sold
88
Average Days on Market
26
Properties for Sale
Calculations provided by Reliance Network

503-505 E 9th Street History

Date Event Value Agent
4/25/2026Source: South Jersey Shore MLS Price Reduction
$2,374,999 -5.0%
12/29/2025Source: South Jersey Shore MLS Added to Database
December 29, 2025