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4211 Ocean Avenue | Wildwood
$3,989,000

    Bedrooms:

    Full Baths:

    Type: COMMERCIAL/INDUSTRIAL

    MLS # 184973
 

Remarks:

This income producing property offers exceptional opportunities. 5 businesses on almost a full CITY BLOCK includes, the Monaco Motel, paid parking lot with over 30 spaces, four boardwalk stores (same block as the famous Mack's Pizza). The motel is the first beachside motel located 1 block from the Wildwood Convention Center and offers income and potential galore with 17 well kept rooms and a 2 bedroom, 1 1/2 bath, full kitchen, year round heated owners quarters, plus 1 year round heated motel room, laundry facilities, storage and parking. The boardwalk stores are fully rented with great rental income. Restaurant "The White Dolphin" includes 2 full kitchens, 1 kitchen is on the main floor of the eatery, the 2nd is in full size basement along with huge walk-in refrigerator and freezer, and a spacious office to keep all affairs in order. Top floor of the Restaurant there is a 1,000 sq. ft. 4 bed 2 bath apartment. "Fruit and Scoop" is a large Ice Cream and food service store." The Game" has a few classic boardwalk games of chance to challenge you skills. All businesses are separately metered, tenants pay all utilities. Agent has all lease information on file. The big Corner boardwalk business ," The Grandview" 4000 sq. ft., besides the giant retail space, it includes a 2500 sq. ft. 2 bedroom, 2 bath year round apartment with breathtaking views. The Potential development of this massive property is only limited to your vision. This is a must tour property to truly see the economic value.


PROPERTY FEATURES

  * LOCATION
      Beach Front
      Beach Block
      Island
      Boardwalk
      Water Front
      Water View

  * EXTERIOR
      Block
      Wood/Frame
      Other (See Remarks)

  * EXTERIOR FEATURES
      Restrooms
      Storage Building

  * PARKING
      11 Or More Spaces
      Paved

  * INTERIOR FEATURES
      220 Volt Electricity

  * SPECIALTY ROOMS
      Coffee Shop
      Retail Store

  * AVAILABLE
      Income Expense Info
      Lease Information

  * HEATING
      Gas Natural

  * COOLING
      Wall Air Conditioning

  * WATER
      City

  * SEWER
      City

  * HOT WATER
      Gas

  * FINANCING AVAILABLE
      Conventional

  * TYPE
      Motel
      Commercial
      Other (See Remarks)

                 

                 

                 




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LET APEX REALTY INC. BE YOUR BUYER AGENT FOR THIS LISTING. LISTING IS PROVIDED BY CAPE MAY COUNTY MLS. 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.



    APEX REALTY INC.
    2505 Bayshore Road
    Villas, New Jersey 08251
    Fax:    609-886-7132
    Email: info@ApexRealEstate.com

    Phone: (609) 886-6000
    Phone: 1-800-894-APEX
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