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545 E Absecon , #29

Absecon, NJ 08201
  • $1,799,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 594017
UPDATED: 1 min ago
$1,799,000
  • 0
    BEDS
  • 5.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Investment Highlights: Discover a rare opportunity to acquire a fully renovated, income-producing motel minutes from Atlantic City. The Casino Inn offers 28 updated units and a spacious 3,000 SF owner's suite on over 5 acres of commercially zoned land, delivering exceptional value and flexibility for operators or developers. _ Property Features: 28 Renovated Guest Suites " Each equipped with a full kitchen, flat-screen TV, A/C, and complimentary Wi-Fi 3,000 SF Owners Residence " 4 bedrooms / 3 bathrooms with private access Extensive 2024 Renovations " Turnkey condition Zoned Commercial " Ideal for hotel/motel, short-term rental, or mixed-use redevelopment High-Traffic Visibility " Strategically positioned on U.S. Route 30, gateway to Atlantic City 5.2 Acre Parcel " Expansion potential for 14"28 additional units Value Proposition: With a 15% cap rate and strong occupancy performance, Casino Inn balances stability with upside. Its proven operational success, large parcel size, and favorable zoning make it a compelling acquisition for investors seeking hospitality income, redevelopment, or owner-occupied use. Location Advantages: 10 minutes to Atlantic City Casinos & Boardwalk Proximity to public transportation and major highways High daily traffic count ensures consistent visibility and guest flow

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© 2025 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Oceanside Realty Team | Keller Williams Jersey Shore. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2025-04-27T20:50:09.707.
www.theoceansiderealtyteam.com/homes/161318659
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545 E Absecon , #29 Absecon, NJ 08201

  • Price: $1,799,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 1 min ago
  • MLS #: 594017
0
Beds
0
Baths
0
½ Baths
5.2
Acres
Neighborhood:
Absecon City
County:
Atlantic
Area:
Absecon City
Property Description
Investment Highlights: Discover a rare opportunity to acquire a fully renovated, income-producing motel minutes from Atlantic City. The Casino Inn offers 28 updated units and a spacious 3,000 SF owner's suite on over 5 acres of commercially zoned land, delivering exceptional value and flexibility for operators or developers. _ Property Features: 28 Renovated Guest Suites " Each equipped with a full kitchen, flat-screen TV, A/C, and complimentary Wi-Fi 3,000 SF Owners Residence " 4 bedrooms / 3 bathrooms with private access Extensive 2024 Renovations " Turnkey condition Zoned Commercial " Ideal for hotel/motel, short-term rental, or mixed-use redevelopment High-Traffic Visibility " Strategically positioned on U.S. Route 30, gateway to Atlantic City 5.2 Acre Parcel " Expansion potential for 14"28 additional units Value Proposition: With a 15% cap rate and strong occupancy performance, Casino Inn balances stability with upside. Its proven operational success, large parcel size, and favorable zoning make it a compelling acquisition for investors seeking hospitality income, redevelopment, or owner-occupied use. Location Advantages: 10 minutes to Atlantic City Casinos & Boardwalk Proximity to public transportation and major highways High daily traffic count ensures consistent visibility and guest flow
Exterior Features

Lot Dimensions 100X200 Stories 2 Waterfront YN No

Interior Features

Elevators 0

Property Features

Approved Short Sale N/A Auction YN No Bank Owned Foreclosure No Buildings 1 Estate YN No Gas 3600 Lot Number 225 May Be Subject To Third Party Approval Short Sale No Tax Year 2024 Taxes 15600

South Jersey Shore Regional MLS logo Listing information © 2025 South Jersey Shore Regional MLS.
Listing provided courtesy of GRACE PROPERTIES: .


© 2025 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Oceanside Realty Team | Keller Williams Jersey Shore. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2025-04-27T20:50:09.707.
 
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The Oceanside Realty Team | Keller Williams Jersey Shore
5501 New Jersey Avenue
Wildwood Crest NJ, 08260