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1008 Ocean Avenue Point Pleasant Beach, NJ $ 10,500,000
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$ 10,500,000 Get more info
1008 Ocean Avenue
$ 10,500,000
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1008 Ocean Avenue

Point Pleasant Beach, NJ, 08742
$ 10,500,000
Bedrooms-- Baths-- Sq 10,868

Monthly Estimate*

$ 65,506

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View a Virtual Tour

Commercial Property for sale in Point Pleasant Beach, NJ

for $10,500,000. This 10,868 square foot building was built on a lot size of 0.86.

Welcome to an unparalleled investment opportunity! Oceanfront Motel for Sale: Prime Coastal Property with 44 Rooms. This stunning location on a wide stretch of coastline, offers breathtaking views for both leisure and business travelers seeking a serene and memorable stay by the sea. Need a little more space? There is a 2 bedroom apartment with a private balcony facing the ocean and with views of the pool. This motel's best-kept secret is a generously sized 4 bedroom/3.5 bath home tucked into one of the three buildings on this spacious corner lot. Zoned as RR3 the possibilities for this property are endless.

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Commercial Pending

Price

$ 10,500,000

Property Type

Commercial

Taxes

$ 63,991

Style

Lot Size

0.86

Town/City

Point Pleasant Beach

County/Region

Ocean

MLS | Web ID

22417518
Features
General
Sewer Public Sewer
Heating Forced Air
Roof Shingle Asphalt
Garage Spaces 0.0
Construction Materials Shingle Siding Block Stucco
Exclusions Personal Property
Stories Count 2
Property Subtype Commercial
Tax Year 2023
Business Type Hotel/Motel
Waterfront Features Ocean Front Oceanview
County Ocean
New Construction N
Property Type Commercial Sale
Garage Y/N N
Status Pending
Directions Arnold Avenue to Ocean Avenue and the most awesome motel is up a bit on the left 1008 Ocean Avenue.
City Point Pleasant Beach
Zoning Description Residential
MLS Area Pt Pleasant Bch
Lot Size Square Feet 37461.6
Carport Y/N N
Tax Annual Amount 63991.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Point Pleasant Beach (PPB)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://my.matterport.com/show/?m=muC3CprJpTR
Standard Status Pending
Tax Assessed Value 3841000
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Interior
Basement Partial
Total Fireplaces 0
Heating Y/N Y
Total Baths 0
Heating-Forced Air True
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Exterior
Parking Features Off Street On Site Paver Block
Lot Features Dead End Street Oceanfront Landscaped Possible Subdivision Sidewalks Beachfront Corner Lot
Water Source Public
Inclusions Training by Owner Signs Phone System License Inventory Goodwill Equipment/Furniture Business Name
Lot Size Area 0.86
Spa N
Building Area Total 10868.0
Lot Dimensions 150 x 250
Lot Size Acres 0.86
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1008
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* Excluded Features
List By
Jeanette Schlapfer

Listing Agent

Shire Realty Inc

Broker

jeanette@shirerealtors.com

Email

Affordability Calculator

$70,839
Per Month
92%
8%
0%
Monthly Principal & Interest
$65,506
Monthly Property Taxes
$5,333
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
742343 Elementary School
742618 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/21/2024$10,500,000 Listed Price

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1008 Ocean Avenue, Point Pleasant Beach, NJ, 08742 is a Commercial Property for sale at $10,500,000 with 10,868 sqft and a lot size of 0.86. The property's zip code is 08742 which is in Point Pleasant Beach, NJ

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