200 S Atlantic Avenue, Beach Haven, 08008

Commercial - Commerical, Hotel/Motel For Sale

$2,430,000

Beds
Baths
5,447Sqft
1892Built
52DOM
MLS® #: 4061948
Active, 52 Days on Market

Long Beach Island's top boutique hotel. Beautiful restored 1890's Victorian with the coolest most relaxed beach vibe on LBI. Located right in the town's historic district, amid vintage homes, this hotel is steps to white sand beaches and a short stroll to various dining venues, concerts in the park, Surflight Theater, Island shopping and family activities. The hoteliers built the business into a profitable seasonal hotel, with strong branding, unique product development, comprehensive marketing plan and strong web and social media presence, resulting in an impressive 10% cap rate. The 5,500 facility is compromised of 10 units (studios, efficiences and two room suites - all with private baths), an owner/manage apartment with private deck, a large "L" shaped enclosed wrap around porch & lounge area, three patios and a detached utility building. This is a fully equipped turn-key operation, with exponential growth. Live and work at the shore.

Essential Information

MLS® #: 4061948
Price: $2,430,000
Bathrooms: 0.00
Square Footage: 5,447
Acres: 0.00
Year Built: 1892
Type: Commercial
Sub-Type: Commerical, Hotel/Motel
Status: Active
Zoning: R-C

Community Information

Address: 200 S Atlantic Avenue
Area: Ocean
City: Beach Haven
County: Ocean
State: New Jersey
Zip Code: 08008

Amenities

Utilities: Electric - On Property, Gas - On Property, Private Trash
Parking Spaces: 3
Parking: Off Street, On Street

Interior

Heating: Zoned
Cooling: Cooling - Multi Unit, Cooling - Window Unit
# of Stories: 3

Exterior

Lot Description: Corner, Level, View - Ocean/Partial
Roof: Built Up, See Remarks
Construction: See Remarks, Wood Siding

Listing Details

Listing Agent: David Cowles
Listing Office: Bhhs Zack Shore Realtors

Financials

$/SqFt: $446

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Information Source: Ocean County Board of REALTORS®

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