Skip To Content

    201 6th Avenue

    Asbury Park, NJ 07712
    • $5,950,000
    • STATUS: Active
    • ON SITE: 71 days
    • MLS #: 22109673
    UPDATED: 46 min ago
    $5,950,000
    • 0
      BEDS
    • 12.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,000
      SQFT
    • $397
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1970
    County:

    School Ratings & Info

    Description

    One of a 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 to only standard inspections. Owner is looking for a quick closing. Located in Asbury Park's desirable prime Waterfront Redevelopment Zone (WPRA), 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 or every hotel room requiring1 space. More information available, but must sign NDA.

    Monthly Payment Calculator



    © 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 Ventre Team | eXp Realty. Data last updated 2021-06-12T09:19:51.19.
    www.theventreteam.com/homes/115688587
    Print Image

    201 6th Avenue Asbury Park, NJ 07712

    • Price: $5,950,000
    • Status: Active
    • Updated: 46 min ago
    • MLS #: 22109673
    0
    Beds
    0
    Baths
    0
    ½ Baths
    12.07
    Acres
    15,000
    SQFT
    $397
    $/SQFT
    1970
    Built
    Neighborhood:
    Asbury Park (ASB)
    County:
    Monmouth
    Area:
    Asbury Park (ASB)
    Property Description
    One of a 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 to only standard inspections. Owner is looking for a quick closing. Located in Asbury Park's desirable prime Waterfront Redevelopment Zone (WPRA), 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 or every hotel room requiring1 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 Lot Dimensions 134 X 175 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 1968200.00 Assessment Status Assessed Assessment Total 2497100.00 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 2019 Taxes 39654.00 Use Hotel/Motel Water Public Water Year Established 1970.00 Zoning Central BusinessConforming UseMixed

    Listing information © 2021 Monmouth-Ocean MLS. Listing provided courtesy of Esther Silvera of Davis Realtors.


    © 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 Ventre Team | eXp Realty. Data last updated 2021-06-12T09:19:51.19.
     
    https://bt-photos.global.ssl.fastly.net/monmouth/orig_boomver_1_22109673-2.jpg https://bt-photos.global.ssl.fastly.net/monmouth/orig_boomver_1_22109673-2.jpg https://bt-photos.global.ssl.fastly.net/monmouth/orig_boomver_1_22109673-2.jpg
    Logo
    The Ventre Team | eXp Realty
    503 NJ-71
    Spring Lake NJ, 07762