3400 Atlantic Avenue, Wildwood, NJ 08260

$10,999,000

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List Price
$10,999,000
Status
ACTIVE
MLS#
262707
Region
Wildwood
City
Wildwood

Property Description

Exceptional Wildwood hospitality property ideally located directly across from the beach and world-famous Boardwalk in the heart of the Entertainment District. The Beach Terrace Motel offers 78 units, including 2-room suites and 24 efficiencies, many with expansive shore views. Property amenities include a full-service restaurant/bar with liquor license, large lobby, swimming pool, spacious patio deck, laundry facilities, security cameras, and two elevators. The restaurant offers substantial seating capacity, with 186 seats plus an additional 399 seats. Approximately 160 on-site parking spaces provides significant convenience in this prime location. Recent improvements include two new elevators with updated cabs, steelwork, and precast. A rare opportunity to acquire a substantial hospitality property in one of Wildwood's most prominent locations. Appointment required at least 48 hrs.

Additional Information

Interior Features
Display Window, Fire Sprinkler System, Freight Elevator, Living Space Available, Restroom, Security System, Smoke/Fire Alarm, Storage
Cooling
Central Air Conditioning, Ceiling Fan, Multi-Zoned
Heating
Gas Natural, Electric, Heat Pump
Exterior Features
Swimming Pool, Restrooms, Sign, Fence, Security Light/System
Sewer
City
Water
City

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Calculator source: Real Geeks

Listing courtesy of SHORE POINTS REALTY.