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Sara Pensabene

[email protected] +1(540) 336-5057

$ 8,000,000

Est. payment -/mo

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Active

800 Bay Ave Somers Point, NJ 08244

10 Baths

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 608933

Style Commercial,Comm. w/Apartments,Hotel,Marina,Restaurant,Restaurant & Bar

Year Built 1876

Annual Tax Amount $73,323

Tax Year 2025

Property Description

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.

Location

State NJ

County Atlantic

Community Somers Point

Area Somers Point City

Location Details Bay Front,Business District,Corner,Historical District,See Remarks,Water View

Rooms

Basement Crawl Space

Interior

Interior Features Fire Sprinkler System, Handicap Features, Living Space Available, Restroom, Smoke/Fire Alarm

Heating Forced Air, Gas-Natural, Multi-Zoned

Flooring Hardwood

Exterior

Exterior Feature Dock/Pier/Slip, Recreation Facilities, See Remarks

Parking Features 11 or More Spaces

Roof Type Asphalt,Flat,Pitched

Building

Story 3

Sewer Public Sewer

Water Public

South Jersey Shore Regional MLS (SJSRMLS)

Listed by Keller Williams Realty Jersey Shore - Margate

NEARBY SCHOOLS & PROPERTIES

Sara Pensabene

Broker Associate License ID: 2080383

+1(540) 336-5057

Sara Pensabene

800 Bay Ave Somers Point, NJ 08244

Key Details

Location

Rooms

Interior

Exterior

Building

NEARBY SCHOOLS & PROPERTIES

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800 Bay Ave