1505 N Ocean Avenue, Seaside Park, NJ 08752 | MLS 22139393 | Listing Information | Berkshire Hathaway HomeServices Healy, REALTORS | Berkshire Hathaway HomeServices Healy, REALTORS
FOR SALE
$9,200,000  

1505 N Ocean Avenue
Seaside Park, NJ 08752

Other
Commercial
0.53
Acres Lot
1of
Photos
Map
Courtesy: Anthony Conselice - Arthur Rue Agency
Amazing oceanfront commercial /development opportunity in Seaside Park! Benefit from the best location moments to the boardwalk and sandy beach, and incredible potential on the coveted Jersey Shore. Now available for sale and occupying an entire oceanfront block, The Desert Palm Inn is presently operating as a 51-room motel/hotel complete with 51 parking spaces, an in-ground pool, a manager's apartment, and laundry facilities. The unique property is ideal for the investor to own as is or seasoned developer seeking prime real estate to build desirable condominiums or oceanfront homes. The building is in excellent well-maintained condition with comfortable, generously-sized rooms featuring outdoor decks, ocean views, hardwood floors, AC units, legal heat, TV's, nicely tiled full baths and
22139393
Other, 2 Story
Ocean
0.53 Acres
Public Water
2
Public Sewer
$0.00
Commercial
Interior Features
Heating
Other. .
Additional Interior Features
Fire Alarm
Exterior / Lot Features
Parking
51 Parking Spaces. 0 Covered Parking Spaces. Off Street,On Site,Open,Paved.
Lot Dimensions
200 x 115
Zoning
Commercial
Additional Exterior/Lot Features
Irregular Lot,Oceanfront.
Financial Considerations
$1,135,100
$40,913
Business Name,Equipment/Furniture,Goodwill,Phone System,Signs