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$3,395,000
2 Days On Site
5 Abbott AvenueOcean Grove, NJ 07756
For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
9,427
SqFt
$360
/SqFt
1871
Built
Subdivision:
Ocean Grove
County:
Monmouth
Call Now: 1-732-788-1148
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1-732-788-1148
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This Historic Ocean Grove Hotel with a 49 seat restaurant offers a solid investment opportunity with huge growth potential. This beautiful building sits on a double lot just steps to Ocean Grove's award winning beach. It offers 20 renting rooms, 21 full baths and 3 half baths, 3 huge porches with panoramic Ocean Views, owners quarters, and a street level restaurant with private entrance. The restaurant is currently used for guests breakfast and a delightful ice cream parlor open to the public, but lends itself to becoming a full service restaurant. This business offers a great return on your investment while only operating seasonally, come explore the possibilities of a year round hotel/restaurant at this Jersey Shore gem!
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Listing Snapshot
Price
$3,395,000
Days On Site
2 Days
Bedrooms
N/A
Inside Area (SqFt)
9,427 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.05 Acres
Year Built
1871
MLS® Number
22537035
Status
Active
Property Tax
$34,256
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 days ago | Listing first seen on site | |
| 3 days ago | Listing updated with changes from the MLS® |
General Features
Acres
0.05
Parking
On Street
Sewer
Public Sewer
SqFt Total
9427
Utilities
Natural Gas Available
Water Source
Public
Interior Features
Appliances
Gas Water Heater
Basement
FinishedFull
Heating
Baseboard
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Exterior Features
Fencing
Electric
View
Ocean
Waterview
Ocean
Community Features
MLS Area
Ocean Grove
Listing courtesy of Alfredo Fresnedo of RE/MAX Gateway
Properties marked with this logo are courtesy of the Monmouth Ocean Regional MLS. Data deemed reliable but not guaranteed. Monmouth Ocean Regional REALTORS ®
Properties marked with this logo are courtesy of the Monmouth Ocean Regional MLS. Data deemed reliable but not guaranteed. Monmouth Ocean Regional REALTORS ®
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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