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$5,950,000
6th Ave, Asbury Park, NJ 07712
0 Beds
0 Baths
15,000 sqft

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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.
  • Price:
  • $5,950,000
  • Square Footage:
  • 15,000
  • Acreage:
  • 12.07
  • Year Built:
  • 1970
  • Listing ID #:
  • 22109673
  • Street Address:
  • 6th Ave
  • City:
  • Asbury Park
  • State:
  • New Jersey
  • Postal Code:
  • 07712
  • County:
  • Monmouth
  • Community:
  • Asbury Park (asb)
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial
  • Basement Description:
  • Slab
  • Building Floors:
  • 2.0
  • Exterior Features:
  • Outdoor Lighting, Sign
  • Flooring:
  • Concrete, Part Carpet
  • Siding:
  • Stucco
  • Total Building Square Footage:
  • 15000
  • Type Of Roof:
  • Flat
  • Year Built:
  • 1970
  • Year Established:
  • 1970.00
  • Conforms To Zoning:
  • Central Business, Conforming Use, Mixed
  • Lot Description:
  • Fenced/Enclosed Area, Oceanside, Sidewalks
  • Excluded:
  • Per Contract
  • Included In Sale:
  • Signs
  • Hoa Fee Includes:
  • Pool
  • Price Per Square Foot:
  • 396.67
  • Property Taxes:
  • $39,654
  • Tax Year:
  • 2019
  • Parking Description:
  • Off Street, On Site, Paved
  • Electricity:
  • Other - See Remarks
  • Existing Water:
  • Public Water
  • Gas:
  • On Site
  • Heating Fuel:
  • Natural Gas
  • Sewage Type:
  • Public Sewer
  • Water Heater:
  • Natural Gas
  • Water Body Type:
  • Oceanside/Beach Blk
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Esther Silvera of Davis Realtors
  • MOUTH

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