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Micah Yerk

myerk@desatnickrealestate.com +1(609) 886-6000

$ 10,999,000

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3400 Atlantic Avenue Wildwood, NJ 08260

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Key Details

Property Type Commercial

Sub Type Motel

Listing Status Active

Purchase Type For Sale

MLS Listing ID 251985

Annual Tax Amount $174,958

Tax Year 2024

Lot Dimensions 200x140irr

Property Sub-Type Motel

Property Description

Beach Terrace Motel in the heart of the Entertainment District on the Island of Wildwood. The property consists of 78 units which all are 2 room suites with 24 efficiencies. Included is a full-service Restaurant/Bar with Liquor License which seats 186 plus additional 399 seating for the restaurant. There is Pool, 2 elevators, Large Patio Deck, Cameras, Bar, Laundry etc. and Large Lobby. This location is front and center with all units directly across from the Beach & World Famous Boardwalk. Truly an exceptional piece of property with each unit having endless shore views. Ample Parking with total parking for approximately 160 cars. Recent Renovations: (2) New Elevators w/ cabs, steel work, and precast. Appointment necessary.

Location

State NJ

County Cape May County

Area Wildwood

Zoning Commercial

Location Details Island,Water View

Rooms

Other Rooms Laundry Room, Office Space Avail, Public Restroom, Utility Room

Interior

Interior Features Display Window, Fire Sprinkler System, Freight Elevator, Living Space Available, Restroom, Security System, Smoke/Fire Alarm, Storage

Hot Water Gas

Heating Gas Natural, Electric, Heat Pump

Cooling Central Air Conditioning, Ceiling Fan, Multi-Zoned

Flooring Other (See Remarks)

Exterior

Exterior Feature Swimming Pool, Restrooms, Sign, Fence, Security Light/System

Parking Features 11 Or More Spaces, Off Street, Assigned Parking, One Per Unit Motel/Hotel, Other (See Remarks)

Building

Lot Description Island, Water View

Story 8

Sewer City

Water City

Structure Type Concrete,Metal

Others

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Listed by SHORE POINTS REALTY

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Micah Yerk

Broker-Salesperson/Managing Broker, Lower Township Office | License ID: 1110889

+1(609) 886-6000

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Micah Yerk

3400 Atlantic Avenue Wildwood, NJ 08260

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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3400 Atlantic Avenue