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Pelican Point Motel 210 Arnold Ave 29 Room Hotel Point Pleasant Beach, NJ 08742 $4,885,720 CAD ($168,473 CAD/Room)

Hotels New Jersey Point Pleasant Beach 210 Arnold Ave, Point Pleasant Beach, NJ 08742

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INVESTMENT HIGHLIGHTS

  • Prime redevelopment opportunity in a highly desirable Point Pleasant Beach location
  • 29-room year-round motel just steps from the beach and Jenkinson’s Boardwalk.
  • Ideal for luxury condo or single-family home development or continued motel operation.

EXECUTIVE SUMMARY

This 29-room motel, currently operating year-round, offers a prime investment or redevelopment opportunity in the heart of Point Pleasant Beach, NJ. Located just steps from the beach and Jenkinson's Boardwalk, this property is perfectly positioned for lodging or an exciting new residential project. Developers will appreciate the potential to redevelop into luxury condominiums or high-end single-family homes, capitalizing on the area's strong real estate market. Alternatively, investors can continue operating the motel in this thriving tourist destination. Buyer's will need to conduct their due diligence on future use!

ATTACHMENTS

FEMA Flood Report

DATA ROOM Click Here to Access

  • Operating and Financials

PROPERTY FACTS

Price $4,885,720 CAD Lot Size 0.61 AC
Price Per Room $168,473 CAD Building Size 10,080 SF
Sale Type Investment No. Rooms 29
Sale Conditions
1031 Exchange
  • Build to Suit
  • Redevelopment Project
 No. Stories 2
Property Type Hospitality Year Built/Renovated 1996/2002
Property Subtype Hotel Parking Ratio 2.48/1,000 SF
Building Class C Corridor Exterior
Zoning RR2
Price $4,885,720 CAD
Price Per Room $168,473 CAD
Sale Type Investment
Sale Conditions
1031 Exchange
  • Build to Suit
  • Redevelopment Project
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.61 AC
Building Size 10,080 SF
No. Rooms 29
No. Stories 2
Year Built/Renovated 1996/2002
Parking Ratio 2.48/1,000 SF
Corridor Exterior
Zoning RR2

AMENITIES

  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 4 $403.42 CAD -
Guest Room 25 $291.75 CAD -
1 1
Walk Score®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 26-00086-0000-00005 Improvements Assessment $942,246 CAD
Land Assessment $1,696,043 CAD Total Assessment $2,638,289 CAD

PROPERTY TAXES

Parcel Number
26-00086-0000-00005
Land Assessment
$1,696,043 CAD
Improvements Assessment
$942,246 CAD
Total Assessment
$2,638,289 CAD
(908) 601-0423

Still interested?

Contact the broker for more information about this property

CONTACT

  • Michael Fabozzi
    Michael Fabozzi

  • Listing ID: 35214162

  • Date on Market: 2025-03-21

  • Last Updated:

  • Address: 210 Arnold Ave, Point Pleasant Beach, NJ 08742

The Hospitality Property at 210 Arnold Ave, Point Pleasant Beach, NJ 08742 is currently available for Sale. Contact C21 Thomson & Co for more information.

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Pelican Point Motel Survey
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Pelican Point Motel | 210 Arnold Ave
(908) 601-0423 x

Pelican Point Motel | 210 Arnold Ave

Michael Fabozzi
(908) 601-0423

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