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.
Fenced/Enclosed Area, Oceanside, Sidewalks
Commercial / Industrial / Business
Central Business, Conforming Use, Mixed
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.