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5 Abbott Avenue, Ocean Grove, NJ, 07756

$3,150

0

Beds

Bathrooms

9,427

Building Sqft

0.05

Acres

2,178

Lot Sqft

About 5 Abbott Avenue

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!

Features of 5 Abbott Avenue

MLS® #
22537035
Acres
0.05
Type
Commercial Sale
Price
$3,150
Square Footage
9,427
Year Built
1871
Sub-Type
Commercial

Additional Features

Subdivision
Ocean Grove

Exterior

Lot Description
[]

Community Information

Address
5 Abbott Avenue
Subdivision
Ocean Grove
City
Ocean grove
County
Monmouth
State
NJ
Zip Code
07756

Listing Information

Agent Name
Alfredo Fresnedo
Agent Office
RE/MAX Gateway

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(718) 987-7900