Wildwood, NJ 08260,3218 Atlantic Avenue
Wildwood, NJ 08260,3218 Atlantic Avenue
Wildwood, NJ 08260,3218 Atlantic Avenue
Wildwood, NJ 08260,3218 Atlantic Avenue
Wildwood, NJ 08260,3218 Atlantic Avenue
Wildwood, NJ 08260,3218 Atlantic Avenue
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$ 4,999,999
Est. payment | /mo

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$ 4,999,999
Est. payment | /mo
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Key Details

Property Type Commercial

Sub Type Motel

Listing Status Active

Purchase Type For Sale

MLS Listing ID 242962

Annual Tax Amount $64,046

Tax Year 2023

Lot Dimensions 100x150

Property Sub-Type Motel

Property Description

Centrally Located 39-Room Motel with Recent Upgrades Discover this iconic Wildwood motel, a beloved establishment in operation for over 50 years. 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! Possible owner financing will be considered for qualified buyers.

Location

State NJ

County Cape May County

Area Wildwood

Zoning TE

Location Details Island,Other (See Remarks),Water View

Rooms

Other Rooms Laundry Room, Office Space Avail

Interior

Interior Features 220 Volt Electricity, Restroom, Smoke/Fire Alarm, Storage

Hot Water Gas

Heating Electric, Forced Air

Cooling Wall Air Conditioning

Flooring Other (See Remarks)

Exterior

Exterior Feature Swimming Pool, Sign, Security Light/System

Parking Features 11 Or More Spaces, Off Street, One Per Unit Motel/Hotel

Building

Lot Description Island, Other (See Remarks), Water View

Sewer City

Water City

Structure Type Brick Face

Others

Acceptable Financing Conventional, 1st Mortgage Owner

Listing Terms Conventional, 1st Mortgage Owner

Financing Conventional,1st Mortgage Owner

Listed by COASTLINE REALTY, LLC
agent
Scott Zielinski

Team Leader - Realtor® Associate | License ID: 1645364

+1(856) 264-8671 | scott@zhomesrealestate.com

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3218 Atlantic Avenue