1505 Ocean Ave, Spring Lake, NJ 07762

ID #:583541
1505 Ocean Ave
Spring Lake , NJ 07762 United States
Bedrooms: 19
Bathrooms: 19.5
Year Built: 1920
Square Feet: 14,810
Min. Down: N/A
Lot Size: N/A
HOA Fees: N/A
Floors: 1
Property Type: Single Family (Attached)
Sale Type:None

Presented By:

Ward Wight Sotheby's International Realty

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Property Details


The Grand Victorian Hotel located on Springs Lake's most prestigious "Ocean Avenue" is now available. This wonderful oceanfront property has undergone an extensive renovation. Situated on a 100x150 oceanfront lot this Hotel property features 19 guest rooms, many with oceanviews, and also features the new "Ocean Balcony Suite" yielding the most extraordinary oceanviews up and down the coast from your private third floor open deck/porch. The Hotel includes a 110 seat restaurant facility with a fully equipped kitchen, manager's office and liquor license. The wrap-around front porch allows wonderful, weather-proof, year-round oceanfront dining. The restaurant facility is currently under a multi-year lease with "Bareli's by the Sea", a thriving restaurant business featuring fine dining with ocean views! The 19 guest rooms, together with the rental income from the restaurant lease and catered events provide the Grand Victorian Hotel with a substantial revenue stream.

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