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Income-Producing Hospitality Asset
For Sale
$7,900,000

217 Broadway, Point Pleasant Beach, NJ 08742

For sale hospitality property positioned on Broadway with walkable access to the boardwalk, attractions, and the Atlantic Ocean.

Property Size20,890 SF
Days on Market76

Property Features for 217 Broadway

General Information

Standard status Active
Size 20,890 SF
Property subtype Hospitality

Additional Details

Business Included Yes

Building Details

Building Size 20,890 SF
Listing Agency: Sitar Realty Company - Corporate
Listed By: Ronald Schrader Jr.
Source: Tcnworldwide
Added: Jun 22 Changed: Aug 31 Last Checked: Sep 4 at 5:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sitar Realty Company - Corporate

Investment Insights

Based on property information with market context.

This for-sale hospitality property is an income-producing asset in Point Pleasant Beach, offered with an owner-operator and investor focus. Located on Broadway, the property is positioned to serve both seasonal beach traffic and year-round visitors drawn to local town attractions.

The location places the property within easy walking distance of the boardwalk, Jenkinson’s Aquarium, and a mix of restaurants and shops, as well as the Atlantic Ocean. With that combination of entertainment and coastal proximity, the property supports a consistent flow of guests across different times of year.

The offering presents a direct, practical Jersey Shore foothold for those seeking an operating hospitality asset in a well-known destination.

Key Highlights

  • Hospitality property for sale on Broadway in an iconic Jersey Shore destination
  • Within walking distance to the boardwalk and the Atlantic Ocean
  • Walkable to Jenkinson's Aquarium, restaurants, and shops

Property Analytics

Current Use

Deep Blue Sea ... Hotel & Motel Allegiance Ocean Inn Hotel & Motel Buccaneer Motel Hotel & Motel

Suggested Use

Top Pick Pharmacy Garden Center Electrical Service (Bike/Boat/Book/etc) Store Daycare Center Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

600
Businesses Nearby

Demographics for 08742, NJ

25,056
Population
12,604
Households
2
Avg Household Size
46
Median Age
52%
College-Educated
95%
High-School Grad
5.6 sq mi
ZIP Area
4,474
Density / Sq Mi
$111,983
Median Household Income
$57,547
Median Earnings
$1,879
Median Rent
$576,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - For sale hospitality property positioned on Broadway with walkable access to the boardwalk, attractions, and the Atlantic Ocean.
Where is this hotel located?
The property is located at 217 Broadway Point Pleasant Beach, NJ.
What is the asking price?
The asking price for this property is $7,900,000.
What are key features of this property?
This property features: Hospitality property for sale on Broadway in an iconic Jersey Shore destination; Within walking distance to the boardwalk and the Atlantic Ocean; Walkable to Jenkinson's Aquarium, restaurants, and shops
More about this property
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