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400 E Spencer Avenue, Wildwood
For Sale: $2,890,000
( UNDER CONTRACT
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MLS: 252840 |
Type: Commercial/Industrial | Taxes: 17545 | Lot: 100x200
Rare offering in the heart of Wildwood a well-maintained beach block property featuring an expansive parking lot with capacity for 80 100 cars plus a 3-bedroom, 2-bath year-round apartment with living room and kitchen. The apartment roof has been recently replaced, and the property has been kept in excellent condition, providing immediate rental income and strong holding potential. This site presents unlimited possibilities for developers and investors. Continue to operate the parking lot as a steady cash-flowing business while exploring plans for a future redevelopment project. Its location on the east side of Ocean Avenue offers direct proximity to the boardwalk, beach, and all of Wildwood s attractions ideal for condos, multifamily residences, boutique lodging, or mixed-use concepts. With fabulous growth and redevelopment opportunities in Wildwood, this property is perfectly positioned for both short-term returns and long-term vision. Don t miss one of the last true beach block parcels of this size an opportunity with endless potential.
- Heating:Electric
- Heating:Solar
- Heater:Electric
- Conventional
- 220 Volt Electricity
- Living Space Available
- Smoke/Fire Alarm
- Storage
- Cooling:Wall Air Conditioning
- City
PROPERTY LOCATION / MAP
Last Database Update: 06/18/2026 07:45:13
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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| "After owning and operating our motel for 40 years, deciding to sell was one of the biggest decisions we've ever made. Fred is un-matched within the commercial real estate industry. Just speaking with Fred, you can clearly distinguish the difference with his experience, deep knowledge of the industry and dedication. Fred made the entire experience smooth, respectful, and even uplifting. His honesty and straightforward communication gave us complete confidence every step of the way. Most importantly, Fred knew how to get the job done- efficiently, professionally, and with our best interests always at heart. He truly understood both the emotional and financial weight of this transition and he guided us with care and integrity. We couldn't have asked for a better partner in this process and are incredibly grateful for everything he did to help us close this important chapter. We highly recommend Fred to anyone looking for an experienced, trustworthy commercial broker who genuinely cares!." ~ Annette and Debbie - Aquarius Oceanfront Inn |
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