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Adan Sanchez

adanhomes24@gmail.com +1(848) 888-7809

$ 2,800,000

Est. payment | -/mo

50,000 SqFt

Save

$ 2,800,000

Est. payment | -/mo

Save

50,000 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 50,000 sqft

Price per Sqft $56

MLS Listing ID 3977320

Year Built 1952

Annual Tax Amount $14,773

Tax Year 2024

Lot Size 2.220 Acres

Property Description

Attention Builders, Developers & Investors! Rare opportunity to acquire a highly visible 2.2-acre commercial property on busy Route 66 in Neptune, surrounded by major redevelopment projects and located just minutes from Jersey Shore beaches, Jersey Shore Premium Outlets, and national retailers. This prime C-1 zoned site offers exceptional exposure and allows for nearly 200 permitted uses. The existing 25-room motel with in-ground pool and circular driveway requires complete renovation, however, its strategic location historically generated strong summer occupancy at peak season. The expired OYO franchise agreement provides a blank slate?rehab, rebrand, repurpose, or tear down and build new. Whether you're envisioning a hotel, retail center, medical office, restaurant, mixed-use concept, or a stand-alone commercial building, the possibilities are endless. Value is in the land and unparalleled location. Property is strictly sold AS-IS. Cash buyers only with quick closing preferred. Showings by confirmed appointment only.

Location

State NJ

County Monmouth

Zoning C-1

Rooms

Basement Storage, Unfinished

Interior

Heating Electric, Gas-Natural

Cooling Wall A/C Unit(s)

Equipment Appliances, Fire Alarm, Fixtures, Furniture, Kitchen Area, Office Equipment, Security System, Sign - Freestanding

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Brick/Block, Concrete

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Story 1

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Listed by WEICHERT REALTORS

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(848) 888-7809

adanhomes24@gmail.com

Learn More About LPT Realty

3304 State Route 66 Neptune Twp., NJ 07753