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400 E Spencer Avenue Wildwood, NJ
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MLS#: |
252840 |
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Property |
Commercial/Industrial
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Price: |
$3,200,000.00
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Location: |
400 E Spencer Avenue |
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City: |
Wildwood
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State: |
NJ
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Bedrooms: |
0
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Bathrooms: |
0
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Lot Size: |
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YearBuild: |
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Taxes: |
$17,545.00(2024) |
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Rare offering in the heart of Wildwood – a well-maintained beach block property featuring an expansive parking lot with capacity for 80–100 cars plus a 3-bedroom, 2-bath year-round apartment with living room and kitchen. The apartment roof has been recently replaced, and the property has been kept in excellent condition, providing immediate rental income and strong holding potential. This site presents unlimited possibilities for developers and investors. Continue to operate the parking lot as a steady cash-flowing business while exploring plans for a future redevelopment project. Its location on the east side of Ocean Avenue offers direct proximity to the boardwalk, beach, and all of Wildwood’s attractions—ideal for condos, multifamily residences, boutique lodging, or mixed-use concepts. With fabulous growth and redevelopment opportunities in Wildwood, this property is perfectly positioned for both short-term returns and long-term vision. Don’t miss one of the last true beach block parcels of this size—an opportunity with endless potential.
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LOCATION
Beach Block
Business District
Boardwalk
Other (See Remarks)
EXTERIOR
Block
Concrete
Wood/Frame
LOCATION
Other (See Remarks)
OUTSIDE FEATURES
Storage Building
EXTERIOR FEATURES
Security Light/System
INTERIOR FEATURES
220 Volt Electricity
Living Space Available
Smoke/Fire Alarm
Storage
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SPECIALTY ROOMS
Laundry Room
Utility Room
LOCATION
Other (See Remarks)
Other (See Remarks)
PARKING
11 Or More Spaces
Paved
HEATING
Electric
Solar
COOLING
Wall Air Conditioning
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WATER
City
City
HEATING
Electric
FINANCING AVAILABLE
Conventional
SHOW INFORMATION
Sign On Property
Contact List Broker
ZONING
Commercial
Industrial
LOCATION
Other (See Remarks)
UNIT LOCATION
Water View
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