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Coldwell Banker

James C. Otton Real Estate, Inc.



Listing Price:$1,790,831.00
Listing ID:261307
Property Type:Mixed Use
Bedrooms:0
Bathrooms:.
Lot:00013
Block:00217
Lot Size:


Additional Information

Exceptional mixed-use investment opportunity in the heart of Wildwood’s rapidly expanding redevelopment corridor! This turn-key commercial portfolio offers incredible cash flow potential with seven possible income streams, making it the perfect opportunity for investors, developers, or business owners looking to diversify and expand their portfolio. Located within the Wildwood Redevelopment Zone, this unique property may provide additional redevelopment incentives and long-term upside potential. Situated on a large 90 x 120 lot, the property features approximately 4,800 square feet of retail/commercial space, a detached garage with second-floor space, a rear parking area, and an additional income-producing cottage currently operating as a successful Airbnb. Positioned within Wildwood’s growing business district and surrounded by residential and mixed-use development, this property offers immediate cash flow with significant long-term redevelopment and appreciation potential. Major capital improvements have already been completed, including all new exterior storefronts (2023), new electric and plumbing (2022), new HVAC systems, doors, windows, drywall, and interior paint (2022), plus a new roof installed in 2021. Additional site work was completed in 2022, including upgraded water, sewer, separate water meters in each unit and electric infrastructure.


Map


Features

Total Rooms Bedrooms0
Full Bath Half Bath
# of Stories Lot Dimensions90.00 x 12
Year Build # Units
Lot Size Tax Year2025
Tax 9097.00AreaWildwood
SQFT
ParkingGarage6 To 10 SpacesOtherRoomsRetail Store
HeatingGas NaturalCoolingCentral Air Conditioning, Electric
WaterPublicSewerPublic

Listing Courtesy of RE/MAX ONE REALTY.
Let Coldwell Banker James C Otton Real Estate be your buyer's agent for this listing. 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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