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MLS#:	242962
Property	Commercial/Industrial
Price:	$4,650,000.00
Location:	3218 Atlantic Avenue
City:	Wildwood
State:	NJ
Bedrooms:	0
Bathrooms:	0
Lot Size:
YearBuild:
Taxes:	$64,046.50(2023)

3218 Atlantic Avenue Wildwood, NJ 242962 Add to List

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

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LOCATION
      Island
      Other (See Remarks)

EXTERIOR
      Brick Face

EXTERIOR FEATURES
      Swimming Pool
      Sign
      Security Light/System

INTERIOR FEATURES
      220 Volt Electricity
      Restroom
      Smoke/Fire Alarm
      Storage

SPECIALTY ROOMS
      Office Space Avail
      Laundry Room

AVAILABLE
      Equipment
      Fixtures
      Furnishings
      Inventory
      Survey

LOCATION
      Other (See Remarks)

PARKING
      11 Or More Spaces
      Off Street
      One Per Unit Motel/Hotel

HEATING
      Electric
      Forced Air

COOLING
      Wall Air Conditioning

WATER
      City
      City

COOLING
      Gas

FINANCING AVAILABLE
      Conventional
      1st Mortgage Owner

SHOWING INFORMATION
      Appointment Only

SHOW INFORMATION
      Contact List Broker

TYPE
      Motel

UNIT LOCATION
      Water View

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Let Compas Re be your buyer agent for this listing. Listing is provided by COASTLINE REALTY, LLC and 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.