• 201 6th Avenue

  • Asbury Park, NJ 07712
  • $5,950,000
  • 15,000 SqFt
  • $396.67 / SqFt
  • HOA: N/a
  • MLS® #: 21939120
  • Year Built: 1970

Description of 201 6th Avenue, Asbury Park

One of kind opportunity to own, expand, or redevelop one of Asbury Park's prime properties. The Oceanic Hotel is a two story 50 room hotel, with Water views. This property has not been updated, and is being sold AS/IS subject only to standard inspections. Owner is looking for a quick closing. Located in Asbury Park's desirable prime Waterfront Redevelopment Zone, allows up to 8 stories, 100% coverage, and open to condos, apts, hotel, and ideas. Parking ratio will dictate number of units, with every condo requiring 1.5 spaces and every hotel room requiring 1 space. More information available but must sign NDA.

Frank FavaN.Y.S. Licensed Real Estate Salesperson

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Essential Information

  • MLS® #21939120
  • Price$5,950,000
  • Square Footage15,000
  • Square Footage15000.00
  • Acres0.83
  • Year Built1970
  • Sub-TypeCommercial
  • StyleHotel/Motel
  • StatusActive

Amenities

  • FeaturesPool
  • ParkingOff Street, On Site, Paved
  • GaragesNo
  • WaterfrontOceanside/Beach Blk
  • Has PoolYes

Lot Description

Fenced/Enclosed Area, Oceanside, Sidewalks

Type

Commercial / Industrial / Business

Interior

  • HeatingElectric, Heat Pump
  • CoolingAC Window Units
  • # of Stories2

Additional Information

  • Listing OfficeDavis Realtors
  • Listing AgentStuart L Davis

Community Information

  • Address201 6th Avenue
  • AreaAsbury Park
  • CityAsbury Park
  • CountyMonmouth
  • StateNJ
  • Zip Code07712

Exterior

  • Exterior FeaturesOutdoor Lighting, Sign
  • RoofFlat
  • ConstructionStucco

Zoning

Central Business, Conforming Use, Mixed

Property Location

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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and is updated as of October 24th, 2019 at 1:05am EDT (date/time). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.