Beach Block Parking Lot
400 E Spencer Avenue, Wildwood, NJ 08260
- Added:
- Sep 25, 2025
- Days on Market:
- 239
- Last Refresh:
- May 21 at 9:06 pm
Property Features for 400 E Spencer Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- comm
- Rooms
- Laundry Room
- Security features
- Security Lighting
- Interior features
- 220 Volt Electricity, Living Space Available, Smoke/Fire Alarm, Storage
- Exterior features
- Storage Building, Security Light/System
- Standard status
- Active
- Size
- 20,000 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 17545
Utilities
- Heating system
- Solar (Heating), Electric (Heating)
Building Details
- Number of units
- 1
- Additional Structures
- Storage
Listing agent Carole Pantalone License #7818350 (609) 425-4832
Listing office HOFFMAN AGENCY 6301 Pacific Avenue, NJ (609) 522-8177
Listing date Sep 25, 2025
MLS# 252840
Copyright © 2026 Cape May County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Beach block location in the heart of Wildwood, offering direct proximity to the boardwalk, beach, and attractions.
- Expansive parking lot with capacity for 80‑100 cars, providing immediate rental income potential.
- 3‑bedroom, 2‑bath year‑round apartment with living room and kitchen, offering additional rental income.
- Unlimited possibilities for developers and investors due to its location and size.
- Excellent condition and recently replaced apartment roof, ensuring low maintenance.
- Located on the east side of Ocean Avenue, ideal for condos, multifamily residences, boutique lodging, or mixed‑use concepts.
Overview
Located in the heart of Wildwood, this well-maintained beach block property features an expansive parking lot with a capacity for 80 to 100 cars, along with a 3-bedroom, 2-bath year-round apartment that includes a living room and kitchen. The apartment roof has been recently replaced. The property has been kept in excellent condition, providing immediate rental income and strong holding potential. This site presents possibilities for developers and investors. The parking lot can continue to operate 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. The property is ideal for condos, multifamily residences, boutique lodging, or mixed-use concepts. With growth and redevelopment opportunities in Wildwood, this property is positioned for both short-term returns and long-term vision. The property is a true beach block parcel of this size with endless potential. The property is zoned for commercial use and has a size of 20000 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Parking lots & garages
Similar Places Nearby
- U-Haul Neighborhood Dealer — 205 W Rio Grande Ave, Wildwood, NJ 08260
Location Insight
- Map
- Local Demand
- City
- Wildwood
- County
- Cape May
- State
- New Jersey
- Longitude
- -74.8144246
- Latitude
- 38.9848161
Nearby Similar for Sale
FAQs
What type of property is this?
Parking lot & garage - Large parking lot with apartment near boardwalk and beach.
Where is this parking lot & garage located?
The property is located at 400 E Spencer Avenue Wildwood, NJ.
What is the asking price?
The asking price for this property is $2,890,000.
What are key features of this property?
This property features: Beach block location in the heart of Wildwood, offering direct proximity to the boardwalk, beach, and attractions.; Expansive parking lot with capacity for 80‑100 cars, providing immediate rental income potential.; 3‑bedroom, 2‑bath year‑round apartment with living room and kitchen, offering additional rental income.
