400-401 E Magnolia Ave Wildwood, NJ $ 1,249,900
400-401 E Magnolia Ave
$ 1,249,900
Price Reduced

400-401 E Magnolia Ave

Wildwood, NJ, 08260
$ 1,249,900
Bedrooms Baths--

Monthly Estimate*

$ 5,960

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Commercial Property for sale in Wildwood, NJ

for $1,249,900. The lot size is 125x90.

Incredible cash cow investment opportunity in the heart of Wildwood! Over Half An Acre Of Beach & Boardwalk Block Land! 2 Lots Available Totaling 24, 750 Sq Ft. 400 E Magnolia Ave is 125' x 90' and 11 , 250 Sq Ft. 401 E Glenwood Ave Is 150' x 90' and 13, 500 Sq Ft. Fully Cleared Lot Is Currently Operating As A 95 Space Parking Lot. Flexible Tourism Entertainment (TE) Zoning Allows For Multiple Uses And Development. Permitted Uses Include Restaurant, Bars, Hotel, Motel, Resort, Retail, Residential Units, And More. The seller is will guarantee a $75, 000 lease for 5 years if buyer wants.

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Commercial Active

Price

$ 1,249,900

Property Type

Commercial

Lot Size

125x90

Town/City

Wildwood

County/Region

Cape May

MLS | Web ID

517847

Features
Miscellaneous
Location Beach Block Boardwalk
View Water View
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* Excluded Features
List By

Listing Agent

Keller Williams Realty Jersey Shore-Ocean City

Broker

Affordability Calculator

$5,960
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,960
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 3.99% 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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Pricing History
DatePricePrice ChangeDescription
7/8/2019$1,249,900 -10.72% Price Down
7/8/2019$1,399,900 -6.61% Price Down
2/16/2019$1,499,000 Listed Price

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400-401 E Magnolia Ave, Wildwood, NJ, 08260 is a Commercial Property for sale at $1,249,900 with a lot size of 125x90. The property's zip code is 08260 which is in Wildwood, NJ