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$3,795,000
29 Days On Site
5 Abbott AvenueOcean Grove, NJ 07756
For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
9,427
SqFt
$403
/SqFt
1871
Built
Subdivision:
Ocean Grove
County:
Monmouth
Call Now: 908-662-5050
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908-662-5050
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Monthly Payment (Est.)
$17,314Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.
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!
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Listing Snapshot
Price
$3,795,000
Days On Site
29 Days
Bedrooms
N/A
Inside Area (SqFt)
9,427 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.05 Acres
Year Built
1871
MLS® Number
22518184
Status
Active
Property Tax
$25,969
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 4 weeks ago | Status changed to Active | |
| 4 weeks ago | Listing first seen on site |
General Features
Acres
0.05
Number Of Stories
5
Parking
On Street
Sewer
Public Sewer
SqFt Total
9427
Water Source
Public
Interior Features
Basement
FinishedFull
Heating
Baseboard
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Exterior Features
Fencing
Electric
View
Ocean
Waterview
Ocean
Community Features
MLS Area
Ocean Grove
Listing courtesy of Alfredo Fresnedo of RE/MAX Gateway
Properties marked with this logo are courtesy of the Monmouth Ocean Regional MLS. Data deemed reliable but not guaranteed. Monmouth Ocean Regional REALTORS ®
Properties marked with this logo are courtesy of the Monmouth Ocean Regional MLS. Data deemed reliable but not guaranteed. Monmouth Ocean Regional REALTORS ®
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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