Close
NJ.COM - Jersey Shore Restaurant Sold For 2.45 M in 2nd Deal for PA-based Group in Months - Click Here!
HOME     LISTINGS     VACATION RENTALS Cape May Commercial By The DiAntonio Group      OUR TEAM   SHORE TOWNS CONTACT US

991 Ocean Drive, Lower Township

For Sale: $4,200,000   ( ACTIVE )

MLS: 262659   |   Bedrooms: 0   |   Bathrooms:   |   Half Baths:   |   Type: Restaurant   |   Taxes: 19864.5   |   Lot: 20647

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.
  • Heating:Gas Propane   
  • Heating:Electric   
  • Heating:Heat Pump   
  • Heater:Electric  
  • Restroom  
  • Cooling:Central Air Conditioning  
  • Cooling:Electric  
  • City  

PROPERTY LOCATION / MAP

Last Database Update: 10/16/2026 07:45:12
Let a sales associate at DiAntonio Group be the buyer agent for this listing. 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.
Request Information
991 Ocean Drive, Lower Township
For Sale: $4,200,000






Request Information
Hear What Our Clients Have To Say About The DiAntonio Group
 
"Fred assisted me in the purchase of the Yankee Clipper Motel in (2022) Pink Champagne Motel in (2020) and sold the Mango Motel in (2023) and the Blue Diamond Motel in (2022). There is no NJ broker that comes close to his experience or knowledge in the hospitality industry.  His ability to navigate the financing and income is astounding. His calm demeanor and negotiating skills is unique. If you want to purchase a business then Fred is the best. There is no one that’s even close to his experience.." ~ Frank Mangini - Yankee Clipper Resort Motel / Pink Champagne Motel
Shore Points Realty - Cape May Commercial By The DiAntonio Group
Office Phone Footer Spacer 4701 New Jersey Avenue, Suite 100, Wildwood New Jersey Footer Spacer Facebook
HOME
CONTACT
SITE MAP
ADMIN
LISTINGS
- Fred's Featured Listings
- Commercial Real Estate
- Sold Listings
- MLS Property Search
- List Your Property
VACATION RENTALS
- Rental Search
- All Rentals
- List Your Rental
- Let Us Help
OUR TEAM
- Agents
- Testimonials
- Shore Points Realty
- Office Directions
SHORE TOWNS
- Cape May
- Wildwood Crest
- Wildwood
- North Wildwood
- Avalon
- Stone Harbor
- Other Popular Destinations