$150,000

Incredible rare opportunity for Commercial Lease in HEART OF OCEAN CITY'S BOARDWALK, next to the 1 Boardwalk destination of Playland's Castaway Cove. Property features approx 3200 sq ft restaurant food service space, approx 27 ft boardwalk frontage w loading doc, backdoor delivery, 3 parking spots, plus side exit entrance Existing tenant operates popular restaurant business & occupies 2 large commercial condos as 1 large unit. New tenant triple-net (NNN) lease is starts at $150K p year for is 5 or 10 year term w options to renew, ideally suited for any type of food beverage-restaurant business. Lease includes optional use of existing older equipment. Depending on lease terms & tenant's fit-out needs, Landlord may be negotiable on cooperating with some Capex allowances. Currently property is tenant occupied w operational business. Appointment for pre-qualified experienced prospective tenants must be coordinated in advance with listing agent. New lease is subject to tenant's vacancy upon lease expiration.