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Key Details
Property Type Commercial
Sub Type Motel
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 242962
Sold Date 01/15/26
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. approx 32 parking spots in lot
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
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Bought with COASTLINE REALTY, LLC
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