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323 E Oak Avenue, Wildwood, NJ 08260

$1,950,000

  • For Sale
  • Active
  • Commercial
323 E Oak Avenue, Wildwood, NJ 08260View this property at 323 E Oak Avenue, Wildwood, NJ 08260
323 E Oak AvenueWildwoodNJ08260

Property Description

Check out this incredible, once-in-a-lifetime opportunity to change Wildwood's skyline forever. This ~ 1-acre lot of land is less then 150' from the famous Wildwood boardwalk & beach, and just a short 5-minute walk from popular tourist locations like Morey's Pier, Surfside Pier, Sam's Pizza, the Wildwood Convention Center, etc. This property is currently approved for a ten-story hotel; with plans for 222 parking spaces, which are located from the ground floor to the 3rd floor. The 4th-floor is designated as a lobby and dining area. The 5th through 9th-floors are designated as hotel rooms, and the 10th-floor is currently designated as an indoor pool and recreation area.

Full Property Details for 323 E Oak Avenue

General

  • Price: $1,950,000
  • Taxes: $52,357 (2017)
  • Status: Active
  • Type: Commercial
  • MLS ID: 1000341275
  • Updated: 2/2/2018
  • Added: 263 day(s) ago

Property History

  • 323 E Oak Avenue, Wildwood, NJ
  • Reduced to $1,950,000 on 1/10/18
  • Listed at $2,249,000 on 6/5/17

Business

  • Business Type: Hotel/Motel
  • Includes: Land Only

Rooms

Bedrooms

  • Master Bedroom: Unspecified

Location

  • Area: Wildwood City (20514)
  • County: Cape May
  • Development Name: None Available
  • Subdivision: None Available
  • Cross Streets: Atlantic Ave
  • Driving Directions: Parkway South to Rio Grande Ave East. Continue into Wildwood proper to Atlantic Ave. Turn left. Go to Oak Ave, turn Right. Property vacant lot on left
  • Location Details: Downtown

Utilities

  • Sewer: Public Sewer
  • Water: Public

Lot Features

  • Lot Size (Acres): 0.98
  • Lot Size (Sq. Ft.): 42,500
  • Lot Dimensions: 180 x 200
  • Zoning: TE

Financial Considerations

  • Tax w/Assessment: $2,050,000
  • Tax Amount: $52,357
  • Tax Year: 2017

Disclosures and Reports

  • Ownership: Other
  • Lot: 16

Listed by BHHS Fox & Roach-Washington-Gloucester, Theodore Myszka

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Schools

Schools serving 323 E Oak Avenue

School District:
Wildwood City Schools
School Name
Grades
Distance
Glenwood Ave Elementary School
2900 New York Ave, Wildwood, NJ 08260
PK-5
0.5 mi
Wildwood Middle School
4300 Pacific Ave, Wildwood, NJ 08260
6-8
0.5 mi
Wildwood High School
4300 Pacific Ave, Wildwood, NJ 08260
9-12
0.5 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 323 E Oak Avenue

323 E Oak Avenue, Wildwood, NJ 08260 (MLS# 1000341275) is a Commercial property. 323 E Oak Avenue is currently listed for $1,950,000 and was received on June 05, 2017. Want to learn more about 323 E Oak Avenue? Do you have questions about finding other Commercial real estate for sale in Wildwood? You can browse all Wildwood real estate or contact a Coldwell Banker agent to request more information.

Listed by BHHS Fox & Roach-Washington-Gloucester, Theodore Myszka