RARE OCEAN-BLOCK MIXED-USE OPPORTUNITY IN THE HEART OF SHIP BOTTOM! An exceptional opportunity to own a substantial mixed-use property in one of Long Beach Island’s most visible and desirable locations. Ideally situated on the ocean block along Long Beach Boulevard, this 4,232-square-foot property combines high-visibility ground-floor commercial space with a spacious 5-bedroom, 3-bath, two-level residence above, all just a short distance from the beach. The ground-floor commercial space is currently home to the longtime Walter’s Bicycles location and benefits from outstanding exposure along Long Beach Boulevard. The generous commercial footprint offers retail/showroom space, work and storage areas, a restroom and additional utility space, providing flexibility for a variety of potential commercial uses, subject to local zoning and approvals. Above the commercial space is much more than a typical apartment. The 5-bedroom, 3-bath residential unit spans two levels and features its own separate exterior entrance, creating excellent separation between the residential and commercial components. The residence offers a full kitchen, expansive living and dining areas, hardwood flooring, dedicated laundry, generously sized bedrooms and abundant space for family and guests. Outdoor living is another highlight, with a large private deck providing plenty of room for dining, entertaining and relaxing after a day at the beach. The property also includes a built-in garage and additional storage. The residential unit has an established rental history and demonstrated strong vacation-rental appeal, commanding $6,400 per week during prime summer weeks in 2026—adding another dimension to the property's versatility for an investor or owner/user. Set on a 60' x 60' lot and totaling approximately 4,232 square feet per tax records, this unique property presents numerous possibilities: operate your own business while living above, utilize the residential component for personal use, continue its vacation-rental use, or explore the property's investment potential. And then there is the location. Situated on the ocean block in Ship Bottom, the property combines exceptional Long Beach Boulevard visibility with easy access to the beach, shopping, dining and everything LBI has to offer. Live. Work. Invest. Opportunities combining this much space, commercial visibility, a substantial five-bedroom residence and an ocean-block location are difficult to duplicate on Long Beach Island. Seller’s Property Condition Disclosure and pre-listing inspection report are available for review. Property is currently identified as SC zoning. Buyers are encouraged to perform their own due diligence with the Borough of Ship Bottom regarding permitted uses and any future plans for the property.