Grace Realty - Ocean City New Jersey & Marmora
Call Grace Realty Toll Free: 1 (800) 296-HOME    Like Us On Facebook Contact Us Today Contact Us Today
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

800 Bay Ave,Somers Point NJ - Active

Price: $8,000,000
Type: COMMERCIAL/INDUSTRIAL
MLS: 608933
  Bedrooms: 0
Baths: 0   Half Baths: 0
Lot Size: 168 x 450 IRR

A rare opportunity to acquire one of the Jersey Shore’s most versatile waterfront hospitality assets. Welcome to Tavern on the Bay Hotel & Marina, an iconic destination property located at 800 Bay Avenue in Somers Point. Originally built in 1876, this beautifully preserved Victorian landmark combines historic character, multiple revenue streams, and exceptional waterfront positioning in one extraordinary investment, in a zip code that experienced 25% appreciation in the past 2 years. For event planners and hospitality operators, the property offers tremendous potential with seating for up to 300 guests across elegant indoor and waterfront outdoor spaces. From weddings, corporate events, fundraisers, and private celebrations to seasonal entertainment and destination experiences, the venue is uniquely positioned to capitalize on the growing demand for waterfront events. For restaurant owners, Tavern on the Bay delivers a turnkey waterfront dining experience with expansive indoor seating, a large outdoor patio overlooking the Bay, and direct access by both land and water. Its established reputation, prime visibility, and high-capacity layout create endless opportunities for dining, entertainment, and hospitality growth. For marina operators and marine investors, the property's 55-slip marina serves as a valuable income-producing asset, attracting boaters, jet ski enthusiasts, tourists, and local residents throughout the season. The combination of hospitality, dining, and marina services creates a powerful ecosystem that drives recurring traffic and diversified revenue. For investors, opportunities like this are increasingly rare. The property features an eight-suite boutique hotel with uniquely themed accommodations, a thriving restaurant and bar operation, a full-service marina, and a premier waterfront location in one of South Jersey’s most desirable coastal markets. With multiple income streams, strong event potential, and significant upside for expansion and brand development, this asset offers both immediate cash-flow opportunities and long-term value creation. Steeped in local history and just steps from the vibrant downtown Somers Point district, Tavern on the Bay is more than a property, it's a destination, a business, and a LEGACY investment. Waterfront hospitality. Marina income. Event venue potential. Boutique lodging. One exceptional opportunity. Schedule your private tour today.

Request Information Email To Friend
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   PROPERTY FEATURES
Status: Active
Lot Dimensions: 168 x 450 IRR
Water: Public
Location: Bay Front,Business District,Corner,Historical District,See Remarks,Water View
Sewer: Public Sewer
Water Heater: Gas
Heating: Forced Air,Gas-Natural,Multi-Zoned
Cooling: Ceiling Fan(s),Central,Multi-Zoned,Wall Units,Window Units
Parking - Exterior: 11 or More Spaces
Interior Features: Fire Sprinkler System,Handicap Features,Living Space Available,Restroom,Smoke/Fire Alarm
Listing Courtesy of Keller Williams Realty Jersey Shore - Margate.
© 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
Real Estate FOR SALE
- Featured Properties
- Ocean City Real Estate
- Search The MLS
- List Your Property
Summer Rentals VACATION RENTALS
- Rental Search
- Let Us Find Your Rental
- List Your Rental
Agents REAL ESTATE AGENTS
- Ocean City, NJ Office
- Marmora Office
Ocean City OCEAN CITY, NJ
- Local Events
- Things To Do
- Weather
- Related Links
Local Communities COMMUNITIES
- Osprey Point
- Bayberry Cove
- Ocean World
Home HOME
Beach Web Cams BEACH CAMS
Contact CONTACT
Like Grace Realty on Facebook

 

 

Copyright 1997 - 2021 Grace Realty All Rights Reserved. Software Copyright, 1984-2011 James S Ginn. Site Designed by: Square 1 Design | Cape May<