400-401 E Magnolia AveWildwood, NJ, 08260
$ 1,249,900Bedrooms Baths--
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.
Location Beach Block Boardwalk
View Water View
List By Keller Williams Realty Jersey Shore-Ocean City
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
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.
Learn more about how to save Nearby
Commerical listings in Wildwood, NJ
Average List Price $727,474
Percent of Sale Price 42%
About Wildwood, NJ
$ 33,661 Median Income
38.67 Median Age
26% Households with Children
|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|