3400 Atlantic Avenue, Wildwood, NJ 08260
3400 Atlantic Avenue, Wildwood, NJ 08260
3400 Atlantic Avenue, Wildwood, NJ 08260
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Springer Realty Group

Springer Realty Group

+1(484) 498-4000
$10,999,000
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 262707

Annual Tax Amount $189,902

Tax Year 2024

Lot Dimensions 200x140irr

Property Sub-Type Motel

Property Description

Exceptional Wildwood hospitality property ideally located directly across from the beach and world-famous Boardwalk in the heart of the Entertainment District. The Beach Terrace Motel offers 78 units, including 2-room suites and 24 efficiencies, many with expansive shore views. Property amenities include a full-service restaurant/bar with liquor license, large lobby, swimming pool, spacious patio deck, laundry facilities, security cameras, and two elevators. The restaurant offers substantial seating capacity, with 186 seats plus an additional 399 seats. Approximately 160 on-site parking spaces provides significant convenience in this prime location. Recent improvements include two new elevators with updated cabs, steelwork, and precast. A rare opportunity to acquire a substantial hospitality property in one of Wildwood's most prominent locations. Appointment required at least 48 hrs.

Location

State NJ

County Cape May County

Area Wildwood

Zoning Commercial

Location Details Island,Water View

Rooms

Other Rooms Laundry Room, Office Space Avail, Public Restroom, Utility Room

Interior

Interior Features Display Window, Fire Sprinkler System, Freight Elevator, Living Space Available, Restroom, Security System, Smoke/Fire Alarm, Storage

Hot Water Gas

Heating Gas Natural, Electric, Heat Pump

Cooling Central Air Conditioning, Ceiling Fan, Multi-Zoned

Flooring Other (See Remarks)

Exterior

Exterior Feature Swimming Pool, Restrooms, Sign, Fence, Security Light/System

Parking Features 11 Or More Spaces, Off Street, Assigned Parking, One Per Unit Motel/Hotel, Other (See Remarks)

Building

Lot Description Island, Water View

Story 8

Sewer City

Water City

Structure Type Concrete,Metal

Others

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

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Listed by SHORE POINTS REALTY

Nearby School & Business

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Springer Realty Group

Springer Realty Group

+1(484) 498-4000

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