431 Bay Avenue, Somers Point, NJ, 08244 - Available for Sale

Hotel & Motel For Sale

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Sunrise Motel

431 Bay Avenue, Somers Point, NJ 08244

$1,300,000

26 Rooms | Hotel & Motel

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Corner of Bay & Maryland Avenues

Hotel / Motel For Sale

Price:
$1,300,000
No. Rooms:
26
Building Size:
13,500 SF
Price/Room:
$50,000
Property Type:
Hotel & Motel
Property Sub-type:
Economy/Limited Service
Property Use Type:
Vacant/Owner-User
Commission Split:
2.5%
Lot Size:
1.22 AC
APN / Parcel ID:
0910-0000-0008
Listing ID
17905582
Last Updated
25 days ago

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Description

26 Unit Motel + Manager's Quarters on 1.22 Acres zoned Historic Village Waterfront. The property offers unlimited potential to develop the entire parcel, renovate and/or expand the motel operations of subdivide the land into mutliple uses. Zoning allows office space wit residential flats on the 2nd level.

Property is located at the corner traffic light of Maryland and Bay Avenues in Somers Point, NJ. This is one of the remaining gateways into Somers Point from the down beach towns of Ocean City, Longport, Margate, Ventnor, and Atlantic City. The site sits between 2 restaurants and is 3 short blocks from Shore Medical Center as well as surrounding professional offices and residential homes. Marinas are just 500 feet away. Don't miss this opportunity

Map of 431 Bay Avenue, Somers Point, NJ 08244 (Atlantic County)

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Paul Striefsky
Paul Striefsky

Commercial Director

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License #8438559

Sunrise Motel
  • Hotel & Motel
  • $1,300,000
  • 26 Rooms
  • 13,500 SF