This Ocean Block +/-35,000 parcel is prime to be redeveloped. Perfect mixed use site, in the Borough Re-development Zone AKA has the designation of an ''Area in Need of Redevelopment'' that affords the developer some Zoning Relief. Existing density, height and other requirements could be exceeded as recently approved on a similar property 2 blocks North of here. Developer could get tax abatements for future development and demo money for site prep. Go to docs tab for the survey. Presently a 36 unit Motel with 16 apartments and 20 motel rooms plus 2 managers apts. Walk to beach, boardwalk, rides, restaurants and shopping, Value is in the land for this ocean block parcel. Walk to beach, boardwalk, rides, amusements, restaurants and shopping. 1 Hr from NYC, Philly and AC off Pkwy Exit 82.
22201269
Business Opportunities, 2 Story
Ocean
Public
2
Public Sewer
35,000
Sq. Ft.
36 Total
Interior Features
- Basement
- Crawl Space
Exterior / Lot Features
- Parking
- 50 Parking Spaces. On Site.
- Lot Dimensions
- 200 x IRR 35,000 sq ft
- Zoning
- Multi-Family, Single Family, Retail, Residential,
- Additional Exterior/Lot Features
- Irregular Lot, See Remarks, Corner Lot.
Financial Considerations
1111111111
$66,284
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