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200 S ATLANTIC AVENUE, BEACH HAVEN BOROUGH, NJ 08008

200 S Atlantic Avenue
Beach Haven Borough, NJ 08008

$2,375,000

Sq. Ft.: N/A
Type: Commercial
Listing # 4028541
Rare and intriguing business opportunity in Long Beach Island's Queen City, Beach Haven, NJ. Beautifully restored 1890's Victorian, morphed to boutique hotel, with relaxing beach vibe- unique to LBI. Located right in the town's historic district, amid vintage homes, this hotel is steps to the famous white sand beaches of LBI, and a short stroll to various dining venues, concerts in the park, Surflight Theater, island shopping, and family activities. The hoteliers built the business into a profitable seasonal hotel, with strong branding, unique product development, comprehensive strategic marketing plan, and strong web and social media presence, resulting in an impressive 10% annual cap rate. The 5,500 sq. ft. facility is comprised of 10 units (studios, one room efficiencies and two room suites-all with private baths), an owner/manager apartment w/private deck, a large "L" shaped enclosedwrap-around porch & lounge area, three patios, & a detached shop/utility building.This is a fully equipped turn-key operation, with exponential growth. Live and work at the shore.
Property Features
Location Information
County: Ocean
Section: Beach Haven
Directions: Located at the corner of Amber St. and Atlantic Ave.
Interior Features
Heating/Cooling: Cooling - Multi Unit, Cooling - Window Unit, Zoned
Exterior Features
Is New Construction: No
Construction: See Remarks, Wood Siding
Roof: Built Up, See Remarks
Water / Sewer: Public Sewer, Public Water
Water and Sewer: Public Sewer, Public Water
Utilities: Electric - On Property, Gas - On Property, Private Trash
Lot Description: Corner, Level, View - Ocean/Partial
Lot Number: 9
Lot Size in Acres: 0
Dimensions: 54 x 100
Zoning: R-C
Building Total Area (Sq. Ft.): 5, 447
Improvements: 550400
Road Description: Paved
Waterfront Description: Oceanside
Has Waterfront: No
Additional Information
Property Type: COM
Property SubType 2: Commerical, Hotel/Motel
Year Built: 1892
Tax Assessment Value: $1283200
Status: Active
Tax Year: 2016
Tax Amount: 10, 792
Seller's Representative:
BHHS Zack Shore REALTORS
© 2017 Jersey Shore MLS / Ocean County Board of REALTORS®. All rights reserved.
Information Deemed Reliable, but Not Guaranteed.
Jersey Shore MLS data last updated at September 22, 2017 7:46 PM ET