Kevin McGillicuddy

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1127 Asbury Avenue #Unit #1Ocean City, NJ 08226

Commercial · 630 Sq. ft.
$385,000 ACTIVE

1127 Asbury Avenue #Unit #1 Overview

Time on Site:
40 days
Visits:
23

Outstanding commercial opportunity in the heart of Ocean City's premier downtown shopping district, which has been home to local & beloved business owners for over 55 years! This ground-level 630 sqft retail space provides a flexible layout, storefront with large window visibility frontage, giving the property the benefits of foot traffic, close proximity to popular shops, dining, and the beach. Perfect for high-end boutique, professional office or various retail uses. Whether you're an investor or an entrepreneur, this is a unique chance to step into a well-known location with decades of history in one of South Jersey's most sought-after destinations, located in 'America's Greatest Family Resort' on the 1100 Asbury Avenue!

Listing provided courtesy of KELLER WILLIAMS REALTY JERSEY SHORE - Margate- MLS# 261376MLS Provider
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1127 Asbury Avenue #Unit #1 Facts & Features

  • Type Commercial
  • Sq. ft. 630
  • Price/Sq.ft. $611

Details

General

School Information

  • School District: 8
  • High School: 3,001

Listing Information

  • Bank Owned: No
  • Sale/Rent: For Sale

Building Information

  • New Construction: No
  • Year Built: 2001

Location/Region

  • County Or Parish: 08-Ocean City
  • LOCATION: Island,Shopping Center,Business District,Other (See Remarks)
  • MLS Area Major: Ocean City

Tax Information

  • Tax Annual Amount: $1,404.00
  • Tax Assessed Value: $121,000.00
  • Tax Year: 2025

General Information

  • Property Sub Type: Commercial/Industrial
  • Property Type: COMMERCIAL/INDUSTRIAL
  • TYPE: Commercial,Commercial Condo,Off/Proff Condo

Interior

Building Interior

  • HOT WATER: Electric

General Information

  • Cooling: Wall Air Conditioning
  • Heating: Gas Natural, Forced Air
  • Interior Features: Display Window, Restroom, Smoke/Fire Alarm
  • Living Area: 630
  • Stories: 1

Unit Information

  • Unit Number: Unit #1

Exterior

Parking Information

  • Parking Features: Off Street

Lot Information

  • Number Of Buildings: 1
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Other (See Remarks), Wood/Frame

General Information

  • Sewer: Public

1127 Asbury Avenue #Unit #1 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.
* 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.

1127 Asbury Avenue #Unit #1 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

1127 Asbury Avenue #Unit #1 History

Date Event Value Agent
6/23/2026Source: Cape May MLS Status Change
ACTIVE
6/23/2026Source: Cape May MLS Price Reduction
$385,000 -6.1%
6/23/2026Source: Cape May MLS Status Change
Price Change
5/21/2026Source: Cape May MLS Added to Database
May 21, 2026