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4401 Park Boulevard, Wildwood

For Sale: $949,500   ( ACTIVE )

MLS: 240772   |   Type: Mixed Use   |   Taxes: 10053.6   |   Lot: 6500 Sq/ft

Investor alert! This incredible income-producing property has so much to offer. Located on the corner of Park Blvd and Montgomery Ave in Wildwood, 4401-4403 Park Blvd boasts two commercial spaces, a warehouse, three rental units, a two-car garage, and off-street parking for 3+ vehicles. The largest of the two commercial spaces is currently occupied by a well-respected and long-standing local business. This professional office space with an attached warehouse has an ideal layout with an entryway off of Park Blvd, two separate office spaces, kitchenette, bathroom with steam shower, laundry, radiant heat, and air conditioning. The warehouse is accessible from inside this space and from the rear of the property. The second commercial space has a large open floor plan and a separate area in the back with a full bathroom, storage, and hookups for a full kitchen. This space has two entrances, one on Park and one on Montgomery, as well as heating and air conditioning. This space is a blank canvas with limitless potential! There are three rental units on the property with long-term tenants. Two of the rental units, one 2-bedroom and one 3-bedroom, are on the property's second floor. Both of these units are accessed through separate entrances at the rear of the property and each unit is equipped with a full kitchen, bathroom, and laundry. The third rental unit is located on the first floor, at the rear of the property, with a separate entrance on Montgomery Avenue. This unit is a 1-bedroom apartment with a full kitchen, bathroom, laundry, mini-split air conditioning, and radiant floor heat. Additionally, the two-car, two-door detached garage at the rear of the building is another rental unit opportunity on the property for additional income. This property s location is in an exceptionally accessible area of the island, with quick access to the bridge and a walk score of 84 to all the local amenities. Take advantage of this rare opportunity to own an income-producing mixed-use property in an area that is continuing to develop and grow in value. With 4 of the 6 rental units on the property occupied, you could begin bringing in passive income right away. If you re looking to build your portfolio, look no further!
  • Deck   
  • Storage Building   
  • Cable TV   
  • Living Room   
  • Kitchen   
  • Laundry/Utility Room   
  • Storage Space   
  • Other   
  • Heating:Radiant   
  • Heater:Gas  
  • Conventional  
  • Cooling:Other  
  • City  

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Last Database Update: 04/15/2024 07:30:28
Let a sales associate at DiAntonio Group be the buyer agent for this listing. Listing is provided by . The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.
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4401 Park Boulevard, Wildwood
For Sale: $949,500






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Hear What Our Clients Have To Say About The DiAntonio Group
 
"Fred DiAntonio did an amazing job handling the sale of The Coliseum Ocean Resort from start to finish.  Selling Commercial property surely has its challenges and Fred finds a way to bring two parties together and articulate the deal.  He has an immense understanding of what it takes for a deal to work on all aspects of the process including but not limited to financing, inspections & transfers etc. and this was very effective in closing our deal.  It's not all about business for Fred, he took a personal interest in our wants & needs and acted accordingly. He also kept details confidential and professional so existing staff wasn't disturbed or distressed. The motel business sale is a life changing experience and it was handled precisely. We would always recommend Fred for all your real estate needs.." ~ Anthony & Eva Polizze - The Coliseum Ocean Resort
Shore Points Realty - Cape May Commercial By The DiAntonio Group
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