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Listing Details

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Description

2 Operating Crown Jewel iconic Motels in North Wildwood with almost an acre of beach block ground with 450 Feet of frontage. Totaling 56 units with apartments and efficiency units , 2 swimming pools, plenty of sun decking spaces, BBQ areas, and premium parking located near all the attractions Boardwalk Amusements games for families, Restaurants events on the island, activities for everyone bike and walking paths, Beach Bars, Car shows, nightlife and events on Sea Port Pier steps away from the finest free beaches. This is not only a great opportunity for a business operation but also development. Located in OB2 zoning allows almost any expansion of businesses. Just shy of a full acre) of land space also makes way for building luxury single family homes Townhomes and potential of condominiums with application approvals. This is a rare opportunity that exists in this resort town that is exploding in value. Please contact agent for specifics. This is a pkg deal for 2 properties! Call agent for specifics... All showings must have agent attend Please do not enter on property without proper confirmations PICTURES INCLUDE drone footage for proximity Google Maps Tax map Evening and day pictures of all buildings and grounds

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Matt Lenza Real Estate Team | Keller Williams. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-19T06:54:57.09.
www.lenzateam.com/homes/114034173
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2101 Surf Avenue NORTH WILDWOOD, NJ 08260

  • Price: $11,000,000
  • Status: Active
  • Updated: 42 min ago
  • ID#: NJCM104772
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Beds
0
Baths
0
½ Baths
0.46
Acres
1959
Built
Neighborhood:
North Wildwood City (20507)
County:
Cape May
Area:
North Wildwood City (20507)
School District:
North Wildwood City Schools
Property Description
2 Operating Crown Jewel iconic Motels in North Wildwood with almost an acre of beach block ground with 450 Feet of frontage. Totaling 56 units with apartments and efficiency units , 2 swimming pools, plenty of sun decking spaces, BBQ areas, and premium parking located near all the attractions Boardwalk Amusements games for families, Restaurants events on the island, activities for everyone bike and walking paths, Beach Bars, Car shows, nightlife and events on Sea Port Pier steps away from the finest free beaches. This is not only a great opportunity for a business operation but also development. Located in OB2 zoning allows almost any expansion of businesses. Just shy of a full acre) of land space also makes way for building luxury single family homes Townhomes and potential of condominiums with application approvals. This is a rare opportunity that exists in this resort town that is exploding in value. Please contact agent for specifics. This is a pkg deal for 2 properties! Call agent for specifics... All showings must have agent attend Please do not enter on property without proper confirmations PICTURES INCLUDE drone footage for proximity Google Maps Tax map Evening and day pictures of all buildings and grounds
Exterior Features

Construction Materials Block Distance To Body Of Water 400 Garage YN No Lot Features CornerLevelPoolside Parking Types Parking Lot Property Condition Very Good Riparian Rights YN No Roof Asphalt Water Access YN No Water Body Type Ocean Water Oriented YN Yes Water View YN No Waterfront YN No

Interior Features

Building Area Total 10000.00 Cooling Central A/C Flooring Carpet Heating Forced Air Heating YN Yes Net Square Feet 35000.00

Property Features

Acceptable Financing CashBank PortfolioConventional Accessibility Features Level Entry - Main Association YN No Business Type Hotel/Motel Central Air YN Yes Cooling Fuel Electric Cross Street 21st Ave East Front Foot Fee 400.00 Heating Fuel ElectricNatural Gas Historic YN No Hot Water Natural Gas Internet Services Cable Lease Considered YN No Municipality North Wildwood City Navigable Water YN N New Construction YN No Operating Expense Includes ElectricHeating/CoolingInsuranceLandscapingRepair/MaintenanceSewerWater Original MLSNumber 304472373468 Ownership Interest Fee Simple Possession ImmediateNegotiableSettlement Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 19590.00 Tax Assessment Amount 1500000.00 Tax Lot 2 Utilities Cable TvElectric AvailablePhoneWater AvailableSewer AvailableNatural Gas Available Vacation Rental YN No Water Source Public Zoning Ob2 Zoning Description Commercial

Listing courtesy of Tesla Realty Group Llc.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Matt Lenza Real Estate Team | Keller Williams. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-19T06:54:57.09.
 
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The Matt Lenza Real Estate Team | Keller Williams
1400 North Providence Rd
Media PA, 19063