Style: Commercial
Sq Ft: 9427
Year Built: 1871
$3,795,000
5 Abbott Avenue, Ocean Grove, NJ 07756, US
Remarks
This Historic Ocean Grove Hotel with a 49 seat restaurant offers a solid investment opportunity with huge growth potential. This beautiful building sits on a double lot just steps to Ocean Grove's award winning beach. It offers 20 renting rooms, 21 full baths and 3 half baths, 3 huge porches with panoramic Ocean Views, owners quarters, and a street level restaurant with private entrance. The restaurant is currently used for guests breakfast and a delightful ice cream parlor open to the public, but lends itself to becoming a full service restaurant. This business offers a great return on your investment while only operating seasonally, come explore the possibilities of a year round hotel/restaurant at this Jersey Shore gem!Details
MLS#: 22518184Price: $3,795,000
Style: Commercial
Sq Ft: 9427
Year Built: 1871
County: Monmouth
Subdivision: Ocean Grove
Lot Size: 60 x 38
Tax Fee: 25969
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Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS.
Last updated: 2025-06-19T18:27:21.000Z.
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