Contact Us! Like us on Facebook! Vacation/Summer Rental Search

Coldwell Banker

James C. Otton Real Estate, Inc.



Status:Active
Listing Price:$8,000,000.00
Listing ID:261722
Property Type:Commercial/Industrial
Bedrooms:0
Bathrooms:.
Lot:21
Block:1810
Lot Size:


Additional Information

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, fund raisers, 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.


Map


Features

Total Rooms Bedrooms0
Full Bath Half Bath
# of Stories Lot Dimensions75,598
Year Build 1876 # Units
Lot Size Tax Year2025
Tax 73323.00AreaOut of County
SQFT
ExteriorWood/FrameOutsideFeaturesDock/Pier/Slip, Recreation Facilities, Other (See Remarks)
ParkingGarage11 Or More SpacesInteriorFeaturesFire Sprinkler System, Handicap Features, Living Space Available, Restroom, Smoke/Fire Alarm
HeatingGas Natural, Forced Air, Multi-ZonedCoolingCentral Air Conditioning, Ceiling Fan, Multi-Zoned
HotWaterGasWaterPublic
SewerPublic

Listing Courtesy of KELLER WILLIAMS REALTY JERSEY SHORE oc.
Let Coldwell Banker James C Otton Real Estate be your buyer's agent for this listing. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.

Make online payments with PayLease