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!
Water Source :
Public
Sewer Source :
Public Sewer
Parking Features:
On Street
Heating :
Natural Gas, Baseboard
Basement Description :
Full, Heated, Finished
Street Address: 5 Abbott Avenue
City: Ocean Grove
State: New Jersey
Postal Code: 07756
County: Monmouth
MLS Number: 22518184
Year Built: 1871
Courtesy of RE/MAX Gateway
City: Ocean Grove
State: New Jersey
Postal Code: 07756
County: Monmouth
MLS Number: 22518184
Year Built: 1871
Courtesy of RE/MAX Gateway
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