45-47 Hamilton Ave
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45-47 Hamilton Ave
$2,200,000
Overview

Welcome to The Seaside Beach House Motel at 45 and 47 Hamilton Ave; two lots, one family owned business and an amazing investment for the next generation of entrepreneurs. Situated right on the Ocean Block, just a few lots away from the boardwalk and the famed beaches and amusements to the east and directly adjacent to a newly designated economic redevelopment zone to the west.  What does this mean? OPPORTUNITY! 

 

If your interests are in the hospitality direction it's a GREAT time as some 30 million dollars were just invested on the boardwalk in the form of a new concert venue and private pool cabana and beach, less than a mile from the Beach House location.  This new product set to open this month is added to the already iconic boardwalk nightlife and rides that drAWS 10'. Each is the perfect outlet for a nation looking to shed their masks, get out and experience the sights, sounds and smells of the  Jersey Shore. This small hotel may sleep as many as 60 guests a night spread over two buildings as it sits with the ability to expand and change the game!

 

If you are a developer, then you are well aware that this market has exposed a dearth of residential inventory to feed the masses of buyers looking to relocate out of the densely populated urban areas. Here is an opportunity to create luxury accommodations (subject to approval) to suit the level of development happening all around. Just across the street a new 76 unit condo complex with ballroom, restaurant with Liquor license and parking is set to begin this year. There are a multitude of opportunities that may be disclosed upon submission of proper qualifications. 

 

Seaside Heights has been the quintessential vacation spot of the New York and Philadelphia metropolitanarea starting at the open of the 20th century. A group of developers from Philadelphia headed intrepidly east in search of their next venture ... With no internet and very archaic media, these developers decided to host train rides from Philly to a serene little place where Berkeley Township and Dover Twp intersected on the Atlantic Ocean... for $100 you could get a 40 ft lot on the beachfront. This was a nation about to explode into the roaring 20's and once people laid their eyes on the gorgeous view atop this barrier island, so too did Seaside Heights explode into a summer haven ... Officially adapted as a borough in 1913, the story of this seaside community is rich with history and family.  It didn't take long for this to become a bustling hub of summer vacations and family owned businesses... Once a toll bridge required you to pay 25c for a horse and buggy, 40c for a car and cattle were charged by the head .. Today every friday the "Cattle" remain and are seen in a steady herd converging at exit 82 this time with brands like Tesla, Porsche and Range Rover all meandering into this mecca of Sun, Sand, Boardwalk and Nightlife .. each steeped in familial memory that is palpable as soon as you land east of the Robert Mathis.. 

 

Whatever your drive; this is an immense opportunity to own a piece of Ocean Block, income producing real estate in a town on the verge of a revitalization of its already majestic setting. Combined with a nation yearning to be closer to the water and starving to interact along the coast again Now is the time to be in the opening stages of growth. 108 years later Seaside Heights is still the epicenter of two major cities' desire to put their feet in the sand. Contact us for more details and to set up a private consultation!

22000

Michele Nesbihal
Crossroads Realty
(856) 237-6025
Coastal Real Estate Group
Justin Leach
Keller Williams Preferred Properties
732-300-2362 or 877-411-CREG
Address

45-47 Hamilton Ave
Seaside Heights, NJ 08751

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