$5,800,000
3218 ATLANTIC AVE Wildwood, NJ 08260
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$5,800,000
Est. payment /mo
0.34 Acres Lot
UPDATED:
11/02/2024 05:44 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID NJCM2004142
Originating Board BRIGHT
Year Built 1971
Annual Tax Amount $60,920
Tax Year 2024
Lot Size 0.344 Acres
Acres 0.34
Lot Dimensions 100.00 x 150.00
Property Description
Centrally Located 39-Room Motel with Recent Upgrades Discover this iconic Wildwood motel, a beloved establishment in operation for over 50years. Offering a variety of spacious 2-room efficiencies, 2 room executive suites or VIP rooms, this property features off-street parking, private balconies, and a stunning rooftop pool—perfect for relaxation and enjoying ocean views or the vibrant fireworks displays. Located just over a block from the famous boardwalk and beach, this motel is ideally positioned to capitalize on the many events hosted on the island, including the Barefoot Music Fest, sports tournaments, and beach races. Guests will appreciate the proximity to Wildwood’s exciting nightlife and attractions. One room on floor level used to be operated as multiple different businesses like Ice Cream sales. With numerous recent upgrades, this motel presents a turnkey opportunity for the next owner. Don’t miss out—reach out today to learn more about how you can make this established business your own!
Location
State NJ
County Cape May
Area Wildwood City (20514)
Zoning TE
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Ceiling Fan(s), Wall Unit
Heat Source Electric
Exterior
Garage Spaces 33.0
Waterfront N
Water Access N
View Ocean
Accessibility Elevator
Total Parking Spaces 33
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Wildwood City Schools
Others
Tax ID 14-00201-00001
Ownership Other
SqFt Source Assessor
Special Listing Condition Standard
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Listed by Tai Menz • Coastline Realty, LLC