991 Ocean Drive
Lower Township, NJ 08204
List price
$4,200,000
$933 per sq ft
Overview
- 11 Or More Spaces
- Central Air Conditioning · Electric
- Heat: Gas Propane,Electric,Heat Pump
About this home
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.
Features & amenities
Interior
- Restroom
Exterior & Outdoor
- Storage Building
Parking
- 11 Or More Spaces
Heating & Cooling
- Gas Propane
- Electric
- Heat Pump
- Central Air Conditioning
Construction & Utilities
- City
Property details
Listing
- MLS #
- 262659
- Status
- Active
- Property type
- Restaurant
- Class
- Commercial/Industrial
- Days on market
- 54
- Showing
- Appointment Only, Contact Agent
- Last updated
- Sep 17, 2026
Interior
- Living area
- 4,500 sq ft (approx.)
- Half baths
- 2
Building
- Year built
- 1970
- New construction
- No
- Exterior
- Other (See Remarks)
- Heating
- Gas Propane, Electric, Heat Pump
- Cooling
- Central Air Conditioning, Electric
- Hot water
- Electric
- Sewer
- City
Lot & Location
- Lot dimensions
- 20647
- Frontage
- 190 ft
- Area
- Lower Township
- District
- 05-Lower Township
- Block / Lot
- 793 / 15.03
Financial
- List price
- $4,200,000
- Annual taxes
- $19,865 (2025)
Map location not available for this property.
Listing is provided by LONG & FOSTER REAL ESTATE, INC cm. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.
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