Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1952
Sq.Footage
50,000
Attention Builders, Developers & Investors! Rare opportunity to acquire a highly visible 2.2-acre commercial property on busy Route 66 in Neptune, surrounded by major redevelopment projects and located just minutes from Jersey Shore beaches, Jersey Shore Premium Outlets, and national retailers. This prime C-1 zoned site offers exceptional exposure and allows for nearly 200 permitted uses. The existing 25-room motel with in-ground pool and circular driveway requires complete renovation, however, its strategic location historically generated strong summer occupancy at peak season. The expired OYO franchise agreement provides a blank slate?rehab, rebrand, repurpose, or tear down and build new. Whether you're envisioning a hotel, retail center, medical office, restaurant, mixed-use concept, or a stand-alone commercial building, the possibilities are endless. Value is in the land and unparalleled location. Property is strictly sold AS-IS. Cash buyers only with quick closing preferred. Showings by confirmed appointment only.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Heating YN
YES
-
Heating
Baseboard, Electric, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Wood Siding
-
Parking
Circular Driveway
-
Pool
No
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
2.22
-
Property Type
Commercial Sale
-
Property Sub Type
Hotel/Motel
Price
-
Sales Price
$2,800,000
-
Tax Amount
$14,773
-
Zoning
C-1
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Ownership
Fee Simple
-
Sewer
Public Sewer
-
Tax Lot
*
-
Water Source
Public
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Location
County
Monmouth
Elementary School
Middle School
High School
Listing Courtesy of None , WEICHERT REALTORS
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FOUNDER
Patrick Bolger
Call Patrick today to schedule a private showing.
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