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1008 Ocean Ave Point Pleasant Beach, NJ 08742

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For Sale
Contract
$10,500,000

Oceanfront motel with 44 rooms, apartment, and spacious home.

Property size:
10,868 SF
Lot size:
0.86 Acres

Property Features for 1008 Ocean Ave

General Information

Standard status
Contract
Size
10,868 SF
Lot size
0.86 Acres

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Listing Contact
Jeanette Schlapfer
Source: Corcoran

Listing Agency: SHIRE REALTY INC Listing Agent: Jeanette Schlapfer

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Oceanfront Motel Prime Coastal Property

This oceanfront motel presents an investment opportunity with a prime coastal location. The property features 44 rooms, offering views for leisure and business travelers. In addition to the motel rooms, there is a 2-bedroom apartment with a private balcony facing the ocean and views of the pool. A generously sized 4-bedroom, 3.5-bath home is also located on the spacious corner lot, tucked into one of the three buildings. The property is zoned as RR3, offering possibilities for development.
Location Intelligence

Current Use by Public Records

Windswept Motel Hotel & Motel

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Banquets at the White Sands, Point Beach House, Carousel Inn, Cordileone Beach House, Driftwood Motel

Location Insight

  • Map
  • Local Demand
City
Point Pleasant Beach
County
Ocean
State
New Jersey
Longitude
-74.0390251
Latitude
40.0872465

FAQs

What type of property is this?
Motel - Oceanfront motel with 44 rooms, apartment, and spacious home.
Where is this motel located?
The property is located at 1008 Ocean Ave Point Pleasant Beach, NJ.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: - Prime oceanfront location with breathtaking views; - 44-room motel providing a substantial income opportunity; - Includes a 4 bedroom/3.5 bath home
More about this property
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