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Nicole Williams

Nicole Williams 856-357-6463 609-399-0076x187

3160 Asbury Avenue, Ocean City

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For Sale 545 Absecon, Absecon, NJ, 08201

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545 Absecon, Absecon, NJ, 08201

$1,799,000

Nicole Williams
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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

Listing courtesy of: GRACE PROPERTIES
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 Multiple Listing Service. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed to be accurate but not guaranteed. Copyright South Jersey Shore Regional Multiple Listing Service. All rights reserved.
Total Rooms
Full Bath 0
# of Stories
Year Build
Lot Size
Tax 15600.00
SQFT
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions
# Units
Tax Year 2024
Area Absecon City
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