200132Add To My List
Photo: 1 of 25
400-401 E Magnolia Avenue
MLS: 200132

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.
Beach Block
Business District
Other (See Remarks)
Other (See Remarks)
Other (See Remarks)
11 Or More Spaces
Off Street
Water View
Let HOFFMAN AGENCY be your buyer agent for this listing. Listing is provided by KELLER WILLIAMS REALTY JERSEY SHORE oc 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.