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MLS#: 200132
Sale Price: $1,074,900 
Location: 400-401 E Magnolia Avenue 
City: Wildwood  
State: NJ 
Bedrooms:  
Bathrooms:  
Half Baths:  
Lot Size:  
YearBuild: 1930  
Taxes: $29,302.00 

400-401 E Magnolia Avenue Wildwood   

Incredible cash cow investment opportunity in the heart of Wildwood! Over Half An Acre Of Beach & Boardwalk Block Land! 2 Lots Available Totaling 24,750 Sq Ft. 400 E Magnolia Ave is 125' x 90' and 11 ,250 Sq Ft. 401 E Glenwood Ave Is 150' x 90' and 13,500 Sq Ft. Fully Cleared Lot Is Currently Operating As A 95 Space Parking Lot. Flexible Tourism Entertainment (TE) Zoning Allows For Multiple Uses And Development. Permitted Uses Include Restaurant, Bars, Hotel, Motel, Resort, Retail, Residential Units, And More. The seller is will guarantee a $75,000 lease for 5 years if buyer wants.    
Exterior: Other (See Remarks) Outside Features: Other (See Remarks)
Heat: Air Conditioning:
Hot Water:
Interior Features:
Appliances Included:
Also Included:

Listing Agency: Cooperating Agency
Selling Agency: Cooperating Agency
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.