Grace Realty - Ocean City New Jersey & Marmora
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OCEAN CITY, NJ: (609) 398-6200 ~ 3400 Central Avenue, Ocean City, NJ 08226
OCEAN CITY, NJ: (609) 398-1776 ~ 1401 Ocean Ave, Ocean City, NJ 08226
MARMORA: (609) 390-3303 ~ 904 S. Shore Road, Marmora, NJ 08223

545 E Absecon Blvd,Absecon NJ - Active

Price: $1,499,000
Type: COMMERCIAL/INDUSTRIAL
MLS: 594017
  Bedrooms: 0
Baths: 0   Half Baths: 0
Lot Size: 100X200

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 Owner’s 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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   PROPERTY FEATURES
Status: Active
Lot Dimensions: 100X200
Listing Courtesy of GRACE PROPERTIES.
© 2015 South Jersey Shore Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional MLS. Real Estate listings held by brokerage firms other than Grace Realty are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but is not guaranteed. The broker providing these listings to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing.
Grace Realty
  Toll Free: 1 (800) 296-HOME
  Central Ave, OC: (609) 398-6200
  Ocean Ave, OC: (609) 398-1776
  Marmora: (609) 390-3303
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