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$2,400,000
Est. payment /mo
51 Baths
1 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 594714
Year Built 2001
Annual Tax Amount $62,318
Tax Year 2024
Lot Size 1.000 Acres
Property Description
46 UNIT MOTEL SURROUNDED BY MAJOR BOX RETAILERS SAMS CLUB WALMART SPENCERS GIFTS WHICH IS NEXT DOOR AND YOUR FAST FOOD HUBS MCDONALDS, CHICK-FIL-A TACO BELL ALSO SURROUND THE PROPERTY. LOCATED ON A MAJOR HIGHWAY TWO AND FROM ATLANTIC CITY ITS A WELL EXPOSED MOTEL. THE MOTEL WAS WELL THOUGHT OUT WITH EACH ROOM HAVING ITS OWN ELECTRIC PANELS AND SHUT OFF VALUES TO EACH ROOM, ROOM SIZES VARY BUT MOSTLY OVER 400 SQ FT. AS YOU PULL UNDER THE PORTE COCHE'RE AND EXIT TO THE MOTEL LOBBY YOU FIND A COMBO/ LOBBY AND A BREAKFEST AREA FOR GUEST. THE MOTEL ALSO HAS POOL, LAUNDRY FACILITY, MANAGERS QUARTERS, PARTIAL BASEMENT AND ELECTRIC UPGRADES TO EXPAND IF NEEDED. PARKING FOR 51 CAR BUILDING SIZE 22000 SQ FT LES THAN $110 A SQ FT 2021 UNDER FRANCHISE REVENUE OVER $750,000
Location
State NJ
County Atlantic
Community Pleasantville
Area Pleasantville City
Building
Story 2
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Listed by GRACE PROPERTIES
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Joseph Asterino
Broker Associate | License ID: AB066344
Broker Associate License ID: AB066344