407 - 415 E Atlanta

$3,999,900

About This Property

ATTENTION INVESTORS STEPS TO BEACH! A rare gem located on the BEACH BLOCK which is 300 X 100 concurrently, which is one of the most desirable locations in Wildwood Crest. This unique opportunity is truly one of a kind. Prime Real Estate sits directly off the Beach on Atlanta Avenue and features 4 very special property types. The first is closest to the beach which is a meticulously cared for 21 Unit Motel with units wrapping around a sizable Pool & Lounge Area. There is an Office On-Site as well as parking for each unit. Next to the Motel is a gorgeous property consisting of (3) Units which (2) are turn-key and currently owners Residence and a 1-1 bedroom Apt that is seasonally rented. Within this particular building there is a 3rd unit which is served as Storage which could be converted into a unit for use. A Vacant 50 x 100 Lot which separates it from a Triplex which includes 2 Units on the First level and 1 Unit on the Second Level. There is also a large Laundry Room and additional options for Storage within this Triplex. All in all this is one of the most precious pieces of land with the utmost income producing potential properties located on its grounds. Triplex is heated for year round use.

Essential Information

MLS® #185282
Price$3,999,900
TypeCommercial/Industrial
Sub-TypeCommercial/Industrial
StatusACTIVE

Community Information

Address407 - 415 E Atlanta
AreaWildwood Crest
CityWildwood Crest
StateNew Jersey

Amenities

ViewWater View
Has PoolYes

Interior

HeatingGas Natural, Heat Pump
# of Stories2

Interior Features

220 Volt Electricity, Living Space Available, Smoke/Fire Alarm, Storage

Cooling

Central Air Conditioning, Wall Air Conditioning

Exterior

Exterior

Block, Concrete, Metal, Wood/Frame

Exterior Features

Swimming Pool, Sign, Security Light/System

Additional Information

Date ListedDecember 3rd, 2018
Days on Market350
ZoningM-1

Listing Details

OfficeSHORE POINTS REALTY

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Cape May, NJ
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