3900-3920 Ocean Avenue, 311 E. Spencer Avenue Wildwood, NJ 08260

$6,250,000
3900-3920 Ocean Avenue, Wildwood, NJ 08260
174055

Commercial Property for sale in Wildwood, NJ

for $6,250,000. This building was built in 1960 on a lot size of 200 x 153.

Property Information

  • $6,250,000
  • Commercial
  • Taxes are $87,023
  • Hotel/Motel
  • Active
  • 2 Floors
  • Lot size of 200 x 153
  • Built in 1960
  • Wildwood, NJ
  • Cape May County
  • MLS/Web ID is 174055

Description

Riviera & Stardust Motel located in the Heart of the Wildwoods Beach, Boardwalk and Piers. Property consists of 2-Pools, 62 Units as follows, Riviera consists of 7- 2 Bedroom Apartments, 1- 1 Bedroom Apartment, 4 King Units with Jacuzzi, & 24 motel rooms w/ office. Stardust has 25 Units with office. Stardust consists of 6- 2 Room motel Rooms, 9- 1 Room Efficiencies and 8 motel rooms, and 2 -1 bedroom units. Ample Parking, Block to Block. Too many amenities to list...

Interior 8

Cooling System

  • Central Air
  • Wall Unit(s)

Flooring

  • Partial Carpet

Heating Source

  • Natural Gas

Heating System

  • Gas Hot Water Heat

Interior

  • Ceiling Fans
  • Smoke Alarm
  • Sprinkler
  • Storage

Room Features

  • Laundry/Utility Room

Sewer

  • City Sewer

Water Source

  • City Water

Exterior 5

Exterior

  • Pool

Garage

  • Other

Land Improvements

  • Fence

Siding

  • Block Exterior
  • Concrete Siding

Zoning

  • Other

Miscellaneous 3

Commercial

  • Fixtures/Furniture

Other

  • Equipment Included

Utilities

  • Electric 200+ Amps

† Excluded Feature

Listed By

Listing Agent: Fredric (Fred) DiAntonio, CCIM, GRI
Broker: BLUE OCEAN REALTY

3900-3920 Ocean Avenue, 311 E. Spencer Avenue, Wildwood, NJ, 08260 is a Commercial Property for sale at $6,250,000 with a lot size of 200 x 153. 3900-3920 Ocean Avenue, 311 E. Spencer Avenue has 0.0 baths and was built in 1960. The property's zip code is 08260 which is in Wildwood, NJ

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Market Pricing

Average % of sale price Median % of sale price
All listings in Wildwood $356,370 94 % below $249,900 96 % below
Commerical listings in Wildwood $786,156 87 % below $599,000 90 % below
Sold listings in Wildwood $191,230 97 % below $180,000 97 % below

Get the facts about Wildwood, NJ!

Population 4,889
Population Growth (since 2000) -12 %
Median Income $33,661
Median Age 38.67
Households w/ Children 26 %

Residential Dwellings

  • Owned 726
  • Vacant 3401
  • Rented 1333

Similar Listings

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or Call us at 1-800-839-1363