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Daniel Karbownik

realtordank@gmail.com +1(732) 814-2948

$ 3,150,000

Est. payment | -/mo

9,427 SqFt

Save

$ 3,150,000

Est. payment | -/mo

Save

9,427 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 9,427 sqft

Price per Sqft $334

Municipality Neptune Twp (NPT)

Subdivision Ocean Grove

MLS Listing ID 22537035

Year Built 1871

Annual Tax Amount $34,256

Tax Year 2025

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 60 x 38

Property Sub-Type Commercial

Source MOREMLS (Monmouth Ocean Regional REALTORS®)

Property Description

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!

Location

State NJ

County Monmouth

Area Ocean Grove

Building/Complex Name Ocean Grove

Direction East on Main, right on Central, left on Abbott

Rooms

Basement Finished, Full, Heated

Interior

Heating Baseboard

Inclusions Training by Owner, Signs, Phone System, Inventory, Goodwill, Equipment/Furniture, Business Name

Exterior

Parking Features On Street

Fence Electric

Waterfront Description Oceanside/Beach Blk,Oceanview

Private Pool No

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 35-00230-0000-00015

Listed by RE/MAX Gateway

Mortgage Calculator

/monthly

Breakdown

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Amenities & Attractions

Restaurants

Home Services

Health & Medical

Local Services

Shopping

Recreation

Arts & Entertainment

Food

Beauty

Event Planning & Services

Automotive

Religious Organizations

Financial Services

Professional Services

Travel

Public Services & Government

Education

Pets

The Windmill Hot Dogs

18 S Main St, Ocean Grove, NJ 07756

Hot Dogs Phone: 732-988-5277
Pizza Shoppe

60 Main Ave, Ocean Grove, NJ 07756

Sandwiches Phone: 732-776-5466
Sea Grass

68 Main Ave, Ocean Grove, NJ 07756

Seafood Phone: 732-869-0770
Nagle’s Apothecary Cafe

43 Main Ave, Ocean Grove, NJ 07756

Ice Cream & Frozen Yogurt Phone: 732-776-9797
The Starving Artist At Day’s

47 Olin St, Ocean Grove, NJ 07756

Breakfast & Brunch Phone: 732-988-1007
Raspberry Cafe

60 Main Ave, Ocean Grove, NJ 07756

Phone: 732-988-0071
Patty K’s

54 Main Ave, Ocean Grove, NJ 07756

Delis Phone: 732-775-9004
Days Ice Cream

48 Pitman Ave, Ocean Grove, NJ 07756

Breakfast & Brunch Phone: 732-988-3297

5 Abbott Avenue Ocean Grove, NJ 07756

Daniel Karbownik

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Mortgage Calculator

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