321 Cedar Ave Wildwood, NJ 08260

Property Details for 321 Cedar Ave

Year built

1950

Lot size

1.02 lot acres

Property size

4,200 SF

Property type

Commercial real estate

Description

This exceptional 1.02-acre commercial property at 321 E Cedar Ave in Wildwood, New Jersey, presents a unique investment opportunity. The existing 4,200 square foot retail building, constructed in 1950, sits on a sizable lot and is ideally situated within the Boardwalk Redevelopment Zone (BRZ), offering significant potential for redevelopment. The property boasts existing garage infrastructure beneath a concrete pad, providing a solid foundation for future development plans. Ample off-street metered parking is available, adding to its convenience. Public transportation is readily accessible via Bus Route 552. This prime location places the property in the heart of Wildwood, offering easy access to the renowned Wildwood Boardwalk, New Jersey Avenue, Rio Grande Avenue, and the New Jersey Turnpike. The property's proximity to numerous dining and entertainment options further enhances its appeal. The substantial concrete pad represents a significant existing infrastructure asset, presenting considerable advantages for future development projects. The asking price for this remarkable property is $6,900,000. The 08260 zip code ensures easy access to a thriving community. This is a rare chance to acquire a well-positioned commercial property with substantial upside potential in a highly desirable location.