3304 State Route 66, Neptune Twp., NJ 07753

$2,800,000

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List Price
$2,800,000
Days on Market
0
Status
ACTIVE
MLS#
4043413
Lot Size (Acres)
2.22
Year Built
1952
County
Monmouth

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.

Additional Information

Heating
4+ Units, Baseboard - Hotwater
Cooling
Wall A/C Unit(s)
Roof
Asphalt Shingle
Utilities
Electric, Gas-Natural
Water
Public Water
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing Courtesy Of WEICHERT REALTORS, Contact: 973-650-7838