201 6th Avenue

    Asbury Park, NJ 07712
    • $5,950,000
    • STATUS: Active Under Contract
    • ON SITE: 250 days
    • MLS #: 21939120
    Under Contract
    UPDATED: 18 min ago
    $5,950,000
    • 0
      BEDS
    • 0.83
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,000
      SQFT
    • $397
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1970
    County:

    School Ratings & Info

    Description

    One of kind opportunity to own, expand, or redevelop one of Asbury Park's prime properties. The Oceanic Hotel is a two story 50 room hotel, with Water views. This property has not been updated, and is being sold AS/IS subject only to standard inspections. Owner is looking for a quick closing. Located in Asbury Park's desirable prime Waterfront Redevelopment Zone, allows up to 8 stories, 100% coverage, and open to condos, apts, hotel, and ideas. Parking ratio will dictate number of units, with every condo requiring 1.5 spaces and every hotel room requiring 1 space. More information available but must sign NDA.

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    © 2020 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The MEEHAN Group of RE/MAX New Beginnings Realty. Data last updated 2020-05-31T15:19:13.277.
    www.sellitpat.com/homes/99242491

    201 6th Avenue Asbury Park, NJ 07712

    • Price: $5,950,000
    • Status: Active Under Contract
    • Updated: 18 min ago
    • MLS #: 21939120
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.83
    Acres
    15,000
    SQFT
    $397
    $/SQFT
    1970
    Built
    Neighborhood:
    Asbury Park (ASB)
    County:
    Monmouth
    Area:
    Asbury Park (ASB)
    Property Description
    One of kind opportunity to own, expand, or redevelop one of Asbury Park's prime properties. The Oceanic Hotel is a two story 50 room hotel, with Water views. This property has not been updated, and is being sold AS/IS subject only to standard inspections. Owner is looking for a quick closing. Located in Asbury Park's desirable prime Waterfront Redevelopment Zone, allows up to 8 stories, 100% coverage, and open to condos, apts, hotel, and ideas. Parking ratio will dictate number of units, with every condo requiring 1.5 spaces and every hotel room requiring 1 space. More information available but must sign NDA.
    Exterior Features

    Construction Siding Stucco Exterior Outdoor LightingSign Garage No Location Business DistrictComm Distr Lot Description Fenced/Enclosed AreaOceansideSidewalks Material Concrete Parking Driveway Off StreetOn SitePaved Roof Flat Water Type Oceanside/Beach Blk

    Interior Features

    Basement Slab Elevators 0.00 Floors ConcretePart Carpet Heat AC Ac Window UnitsElectricHeat Pump Heat Fuel Natural Gas Water Heater Natural Gas

    Property Features

    Assessment Land 1874400.00 Assessment Status Assessed Assessment Total 2403300.00 Business Name Oceanic Hotel Commercial Type Commercial Deed Restrictions No Documents Available Aerial PhotoBlue PrintsBuilding Plan Electric1 Other - See Remarks Excluded Per Contract Farm Assessed No Fee Includes Pool Franchise No Gas On Site Handicap Access No Improvements Assessment 528900.00 Lease No New Construction No Sale Yes Sale Includes Signs Sewer Public Sewer Tax Year 2018 Taxes 30681.00 Use Hotel/Motel Water Public Water Year Established 1970.00 Zoning Central BusinessConforming UseMixed

    Listing information © 2020 Monmouth-Ocean MLS. Listing provided courtesy of Stuart L Davis of Davis Realtors.


    © 2020 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The MEEHAN Group of RE/MAX New Beginnings Realty. Data last updated 2020-05-31T15:19:13.277.
     
    The MEEHAN Group of RE/MAX New Beginnings Realty
    509 Main Street
    Toms River NJ, 08753