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    408 7th Avenue

    Asbury Park, NJ 07712
    • $4,100,000
    • STATUS: Active
    • ON SITE: 48 days
    • MLS #: 22042383
    UPDATED: 38 min ago
    $4,100,000
    • 0
      BEDS
    • 213
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,817
      SQFT
    • $418
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1920
    County:

    School Ratings & Info

    Description

    Property operates as a 20 room motel on the top two floors; ground floor is dedicated to full-service dining and bar services. Property includes plenary 33 liquor license. Back lot 50 by 150 is used for off-street parking but is available for development.Could be converted to a B&B, Multi-Family or Single Family property with variance.

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    © 2021 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 2021-01-23T15:19:36.667.
    www.sellitpat.com/homes/112415485
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    408 7th Avenue Asbury Park, NJ 07712

    • Price: $4,100,000
    • Status: Active
    • Updated: 38 min ago
    • MLS #: 22042383
    0
    Beds
    0
    Baths
    0
    ½ Baths
    213
    Acres
    9,817
    SQFT
    $418
    $/SQFT
    1920
    Built
    Neighborhood:
    Asbury Park (ASB)
    County:
    Monmouth
    Area:
    Asbury Park (ASB)
    Property Description
    Property operates as a 20 room motel on the top two floors; ground floor is dedicated to full-service dining and bar services. Property includes plenary 33 liquor license. Back lot 50 by 150 is used for off-street parking but is available for development.Could be converted to a B&B, Multi-Family or Single Family property with variance.
    Exterior Features

    Construction Siding ClapboardWood Garage No Location Other - See Remarks Lot Description Multilot Sub Lot Dimensions 62 By 150; 50 By 150 Parking Driveway On StreetOpen LotUnpaved Roof Flat

    Interior Features

    Basement Tenant Storage Elevators 0.00 Floors TileW/W CarpetWood Heat Fuel Other - See Remarks Seat Capacity 60 - 99 Sq Ft Available For Lease 9817.0000 Water Heater Other - See Remarks

    Property Features

    Assessment Land 573299.00 Assessment Status Assessed Assessment Total 1582099.00 Business Name Hotel Tides Restaurant & Spa Business Operating Yes Commercial Type Commercial Deed Restrictions No Electric1 110 VoltOther - See Remarks Farm Assessed No Franchise No Gas On Site Improvements Assessment 1008800.00 Lease No New Construction No Sale Yes Sale Includes Business NameEquipment/FurnitureGoodwillLicenseTraining By Owner Sewer Public Sewer Tax Year 2020 Taxes 24860.55 Use Bed/BreakfastGuest HouseHotel/MotelRestaurant Water Public Water Year Established 2005.00 Zoning Residential

    Listing information © 2021 Monmouth-Ocean MLS. Listing provided courtesy of Helena Loelius of Sitar Realty Company.


    © 2021 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 2021-01-23T15:19:36.667.
     
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    The MEEHAN Group of RE/MAX New Beginnings Realty
    509 Main Street
    Toms River NJ, 08753