401 Montgomery Ave Wildwood, NJ 08260

Prime Wildwood, NJ location presents a unique investment opportunity encompassing two distinct properties: a beachfront boardwalk retail complex and a substantial parking lot. The retail complex features four fully leased storefronts totaling 8,400 square feet, complemented by three residential units (two efficiencies and one one-bedroom, one-bathroom apartment). Conveniently located within 1,000 feet of the Wildwood Convention Center, this property also includes public showers and lockers, along with garage and utility storage. The expansive 20,000-square-foot parking lot provides ample parking for 91 vehicles. This exceptional offering presents a compelling opportunity for an owner-user or a developer seeking to capitalize on the high-demand beachfront location. The property's current configuration, with its fully leased retail space and residential units, generates immediate income, while its prime location and substantial size offer significant potential for future development, such as a luxury hotel with integrated retail. The asking price is $8,500,000. The combined lot size is 28,400 square feet. Showings are by appointment only.