Sold

4600 Ocean Avenue Unit: Oceanic Motel

Wildwood NJ, 08260

$8,250,000


Sold

Commercial

The Oceanic Motel and the Barefoot Bar located directly across from the Wildwood Convention Center, beach and boardwalk. Unobstructed views of the beach and boards is what makes this famous Wildwood hotel such an Icon at the shore. The motel portion boasts 70 units consisting of efficiency units up to 2 bedroom units. 30 units have kitchens. There are two bars on the property, one is a swim up bar, the only one on the island. This outside bar features plenty of patio space as well as a bandshell for entertainment. The inside bar boasts plenty of seating as well as food service and also plenty of room for entertainment. This sale includes a Broad C liquor license as well as additional 120x100 parking lot on Burke Avenue for bus parking, etc. Income and expense information available to qualified buyers and non-disclosure statement. Owner is a licensed New Jersey Real Estate Broker.

232867

MLS ID

October 23, 2023

Listed

March 28, 2024

Updated

Map

4600 Ocean Avenue Unit: Oceanic Motel
Wildwood NJ, 08260

Interior Features

Total Stories

4


Interior Features

Display Window, Restroom


Floor Description

Wall To Wall Carpet, Hardwood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air Conditioning, Wall Air Conditioning


Heating

Yes


Heating Description

Electric, Forced Air

Exterior/Building Features

Exterior Features

Swimming Pool, Restrooms, Storage Building, Sign, Fence, Block, Brick Face


Sewer

City

Other Property Details

Area Name

Wildwood


Days on Market

157


Garage

No


View

No


County

Cape May County


Municipality

14-Wildwood City


Water Source

City


Pool

Yes


Zoning

HM

Listing History

Date

Event

Price

3/28/2024

Sold

$8,250,000

3/24/2024

Pending

 

Courtesy of KELLER WILLIAMS REALTY JERSEY SHORE wc, Anthony Chiolo

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Steve Soldatovic shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Cape May County Association of REALTORS, Inc. All rights reserved.

Data last updated 7:40 PM UTC 3/28/2024

Powered byLuxury Presence