NJ
Monmouth
Ocean Grove
07756
5 Abbott Avenue
5 Abbott Avenue, Ocean Grove, NJ 07756
Share Listing
Listing Type
Commercial/Industrial
Listing Status
Active
46
$3,395,000

Home Details for 5 Abbott Avenue

Price
$3,395,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1871
Lot size acres
0.05
County
Monmouth
Garage
Basement
Finished, Full
Days on site
28
MLS Listing#
22537035
Property Description

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 Features
  • Basement
    • Finished
    • Full
  • Heating Information
    • Baseboard
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Parking
    • On Street
Listing Courtesy: RE/MAX Gateway - 732-361-0770
Presented by: Alfredo Fresnedo
The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Monmouth/Ocean Multiple Listing Service.
EXIT REALTY EAST COAST SHIRVANIAN
964 Broadway, West Long Branch, NJ 07764
Office
732 229 8700
Request more details
Code: