Log In/Sign Up
Your email has been sent.
Lillagaard Inn 5 Abbott Ave 22 Room Hotel Ocean Grove, NJ 07756 $5,297,517 CAD ($240,796 CAD/Room)
INVESTMENT HIGHLIGHTS
- 49 seat restaurant with separete entrance.
- Just steps to Ocean Grove's beautiful beach.
EXECUTIVE SUMMARY
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!
PROPERTY FACTS
AMENITIES
- Restaurant
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 22 | $205.20 CAD | - |
1 1
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | 35-00230-0000-00015 | Improvements Assessment | $1,110,031 CAD |
| Land Assessment | $1,539,139 CAD | Total Assessment | $2,649,170 CAD |
PROPERTY TAXES
Parcel Number
35-00230-0000-00015
Land Assessment
$1,539,139 CAD
Improvements Assessment
$1,110,031 CAD
Total Assessment
$2,649,170 CAD
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Lillagaard Inn | 5 Abbott Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.