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3304 Highway 66 - 3304 Highway 66, Neptune OYO Motel 2.2 Acres of Commercial Land Offered at $3,873,940 CAD in Tinton Falls, NJ 07753



Investment Highlights
- Heavy Traffic
- Close to Major Shops, Highways, and the Jersey Beaches
- Excellent Redevelopment Opportunities for Commercial Use
Executive Summary
Property Facts
1 Lot Available
Lot 2301/87
| Price | $3,873,940 CAD | Lot Size | 2.20 AC |
| Price Per AC | $1,760,881.88 CAD |
| Price | $3,873,940 CAD |
| Price Per AC | $1,760,881.88 CAD |
| Lot Size | 2.20 AC |
Flat Lot, Possibilities are endless for Commercial Business (Zoned C1) Businesses. See attached List approved by Town.
Description
Attention Builders, Business Owners, don't miss this once-in-a-lifetime opportunity! Prime 2.2-acre lot with unbeatable exposure, located near major redevelopment projects and just down the street from national retail chains and Jersey Shore Premium Outlet. Minutes from the Jersey Shore Beaches. Build your own commercial free-standing building or do a total rehab of the existing 25-room motel featuring an in-ground pool and circular driveway. Current motel is in needs of total renovations, new 4 units furnaces in basement. However, note at the height of the season, this motel business used to be full occupancies during the summer months due to its location. The possibilities are boundless! Act fast this rare offering won't last! Note, OYO Franchase license agreement is expired, and now free to re-name, rehab, tear-down and build new business! See Neptune Zoning Requirements for C-1 Zoning - there are 200 list of businesses allowed for this lot! See attached documents. Strictly sold AS-IS value is in the land and the exceptional location. Only Cash Buyers and Quick Closing! Must have confirmed appointment with Listing Agent, call Tricia@973-650-7838.
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3304 Highway 66 - 3304 Highway 66, Neptune OYO Motel
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