400-401 E Magnolia Avenue
$1,499,000, 1,814 Sqft
About This Property
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.
KELLER WILLIAMS REALTY JERSEY SHORE oc
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