4211 Ocean Avenue Unit #4208-18 Boardwalk, Wildwood, NJ 08260

$5,999,000

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List Price
$5,999,000
Days on Market
201
Status
ACTIVE
MLS#
260051
County
Cape May

Property Description

Beachfront Stores, Beach Block Motel and Parking Lot which consists of a 17 Unit Motel w/ a additional 2 bedroom owners quarters, 4 Boardwalk Stores which are leased, and a 29-spot parking Lot existing. Property has building approvals and CAFRA approvals for a 4- Story, 30 Unit Hotel Building with Parking Garage, Hotel Lobby, with Boardwalk Stores. (Artistic Renderings in Associated Docs.) New Units will be approximately 650 sq. ft., one-bedroom units, w/Pool. Current Valid CAFRA permit obtained along with City Approved Resolution for the 30 units. ASSOCIATE DOCS HAVE BUILDING RENDERINGS AND CITY RESOLUTION....

Additional Information

Area
Wildwood
Taxes
$66,882
Stories
2
Interior Features
220 Volt Electricity, Smoke/Fire Alarm, Storage
Flooring
Linoleum/Vinyl, Slab, Wall To Wall Carpet
Exterior Features
Sign, Security Light/System
Heating
Heat Pump, Space/Wall/Floor
Cooling
Wall Air Conditioning
Water
City
Sewer
City

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of SHORE POINTS REALTY. Contact: