3-5 Ocean Avenue
Point Pleasant Beach, New Jersey NJ 08742
$1,800,000 Price
3,800 Square Feet
21704996 Listing ID
Incredible Opportunity to own the Award Winning Casa Del Mar Hotel in Point Pleasant Beach which includes 8 Hotel Rooms, 2nd Level 2 Bed Apt (1200 SF) with unobstructed views of the Ocean and Inlet, & Bait Tackle Shop (Rent from Bait Tackle Shop is $20,826/year). Sales includes Land and Hotel. All the rooms have been Fully Renovated. 2016 Net Income was over $190,000. Amazing location! Manasquan Inlet, Atlantic Ocean/Beaches, & Boardwalk are directly across the street. Over a dozen restaurants within the area, its close to Marinas, & Entertainment. Don't miss your chance to own one of Point Pleasant Beach's many treasures!
Schedule Showing Virtual Tour
Status Active
County Ocean
Property Type Commercial
Property Sub Type Commercial

Primary Features

County: Ocean
Property Type: Commercial
Zoning: Commercial,Retail

Location Information

Area/Section: Pt Pleasant Bch
Location: Near Busstop, Near Rrtrans
Municipality: Point Pleasant Beach (PPB)
Street Suffix: Avenue


Assessment - Improvements: 464300.00
Assessment - Land: 445500.00
Assessment Status: Assessed
Business Name: Casa Del Mar
Business Operating: yes
Common Elements: Beach
Electric: Three Phase
Franchise: no
Gas: On Site
Handicap Access: yes
List Number Main: 21704996
Material: Block, Concrete
New Construction: no
Property Sub Type: Commercial
Sewer: Public Sewer
Special Assessment: No
Use: Hotel/Motel, Retail
Water: Public Water
Water Type: Oceanview

Interior Features

Basement: Slab
Floors: Concrete, Tile
Heat Fuel: Natural Gas
Heat/Air Conditioning: AC Window Units, Forced Hot Air, Hot Water Coil
Interior: Security System
Miscellaneous: Max Ceiling Height: 8.00
Miscellaneous: Minimum Ceiling Height: 7.00
Number Levels: 2.0
Water Heater: Natural Gas

External Features

Construction/Siding: Block, Shingle, Stucco
Exterior: Fenced, Outdoor Lighting, Outside Storage, Security System, Sign
Garage: no
Lot Description: Fenced/Enclosed Area, Level, Oceanfront, Oceanside
Lot Dimensions: 70 x 122
Number Parking Spaces: 9.00
Parking: Off Street, Open Lot, Paved, Reserved
Roof: Flat

Financial Details

Income and Expenses: Electric: 4601.00
Income and Expenses: Financials Per: Year
Income and Expenses: Gas: 3013.00
Income and Expenses: Gross Income: 249751.00
Income and Expenses: Insurance: 2882.00
Income and Expenses: Net Operating Income: 191633.00
Income and Expenses: Number Rental Units: 10
Income and Expenses: Phone: 1668.00
Income and Expenses: Real Estate Taxes: 13811.00
Income and Expenses: Total Expenses: 58118.00
Income and Expenses: Water/Sewer: 3608.00
Lease: No
List Price/SqFt: 473.68
Sale: Yes
Sale Includes: Business Name, Equipment/Furniture, Phone System, Signs, Training by Owner
Tax ID Number: 26-00176-0000-00046
Tax Year: 2016
Taxes: 13811.00
Total Assessments: 909800.00

Zoning Info

The content relating to real estate for sale on this web site comes in part from the IDX program of the Monmouth Ocean MLS. Listing content is ©2017 Monmouth Ocean MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information provided is for consumers. personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. This information was last updated as of date specified below. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Please contact John C. Conover Agency directly for additional information pertaining to the status and availability of properties displayed on this website. This listing comes courtesy of Abram Covella of RE/MAX Real Estate LTD..

Contact - Listing ID 21704996

John C. Conover Agency

200 Main St
Asbury Park, NJ 07712
Phone: 7328979200
Phone Alt: 7325397051
Fax: 7329889257

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