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PRICE $7,900,000
SIZE n/a
LOT SIZE n/a

The Center of It All! Located right in the heart of town, this is a once in a lifetime opportunity to own one of the few traditional motels in Ocean City, NJ. Lovingly built and still owned by the same family, this property consists of three parcels; a motel, 2 apartment buildings and an additional adjacent parking lot. The property offers a large, newly renovated lobby with high quality finishes, a quartz counter, and 55 guest rooms, three 2 bedroom apartments, and two 1 bedroom suites, all with tiled bathrooms. Guests enjoy a sparkling pool, a baby pool, two outdoor showers with changing rooms, and two sundecks. There is also a newly renovated bakery, new insulated wi-fi system and new roof on the main hotel and apartment building. The hotel has its own commercial on-site laundry facility to handle the hotel linens. There is plenty of off-street parking for each room plus overflow parking! Your guests can park their cars and walk or bike to all that Ocean City has to offer. You will enjoy the long standing sterling reputation and excellent income that this business provides.

DAYS ON MARKET 202 LAST UPDATED 2/1/2018
YEAR BUILT 0 COMMUNITY Ocean City/Central
COUNTY Cape May STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Wall Units
AIR CONDITIONING Yes
AREA Ocean City/Central
CONSTRUCTION Block, Brick
EXTERIOR Swimming Pool
INTERIOR Fire Sprinkler System, Smoke/Fire Alarm
LOT DIMENSIONS 100 x 275, 50 x 75, 49x74
PARKING 11 or More Spaces,Off Street,O
SEWER Public Sewer
STYLE Commercial, Motel
UTILITIES Public; Public Sewer;
WATER Public

ZESTIMATE
  800-814 Atlantic Ave, Ocean City, NJ

RENT ZESTIMATE
  800-814 Atlantic Ave, Ocean City, NJ

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Listed with LONG AND FOSTER REAL ESTATE INC-Ocean City, West Ave

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