3218 Atlantic Avenue Wildwood, NJ $ 5,800,000
3218 Atlantic Avenue
$ 5,800,000
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3218 Atlantic Avenue

Wildwood, NJ, 08260
$ 5,800,000
Bedrooms-- Baths--

Monthly Estimate*

$ 34,737

3218 Atlantic Avenue, Wildwood, NJ 08260 - Image 1
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Commercial Property for sale in Wildwood, NJ

for $5,800,000.

Centrally Located 39-Room Motel with Recent Upgrades Discover this iconic Wildwood motel, a beloved establishment in operation for over 50 years. Offering a variety of spacious 2-room efficiencies, 2 room executive suites or VIP rooms, this property features off-street parking, private balconies, and a stunning rooftop pool—perfect for relaxation and enjoying ocean views or the vibrant fireworks displays. Located just over a block from the famous boardwalk and beach, this motel is ideally positioned to capitalize on the many events hosted on the island, including the Barefoot Music Fest, sports tournaments, and beach races. Guests will appreciate the proximity to Wildwood’s exciting nightlife and attractions. One room on floor level used to be operated as multiple different businesses like Ice Cream sales. With numerous recent upgrades, this motel presents a turnkey opportunity for the next owner. Don’t miss out—reach out today to learn more about how you can make this established business your own!

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Commercial Active

Price

$ 5,800,000

Property Type

Commercial

Taxes

$ 64,046

Style

Motel

Town/City

Wildwood

County/Region

Cape May

MLS | Web ID

242962

Features
General
Interior Features 220 Volt Electricity Restroom Smoke/Fire Alarm Storage
Heating Electric Forced Air
Cooling Wall Air Conditioning
Exterior Features Swimming Pool Sign Security Light/System
Zoning TE
Water City
Parking 11 Or More Spaces Off Street One Per Unit Motel/Hotel
Type Motel
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Interior
Flooring Other (See Remarks)
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* Excluded Features
List By
Tai Menz

Listing Agent

Coastline Realty, Llc

Broker

taimenz@coastlinerealty.com

Email

Affordability Calculator

$40,074
Per Month
87%
13%
0%
Monthly Principal & Interest
$34,737
Monthly Property Taxes
$5,337
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
266621 Elementary School
266622 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/4/2024$5,800,000 Listed Price

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3218 Atlantic Avenue, Wildwood, NJ, 08260 is a Commercial Property for sale at $5,800,000. The property's zip code is 08260 which is in Wildwood, NJ