Cape May Real Estate and Vacation Rentals Coastal Marketing Group | RE/MAX Surfside
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4600 Ocean Avenue, Wildwood

SOLD | $8,250,000 | 03/28/24

Description

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.

Features

  • Heat Fuel:Electric

  • Heat Fuel:Forced Air

  • Water Heater:Gas

  • Conventional

  • One Per Unit Motel/Hotel

  • Display Window

  • Restroom

  • Cooling:Central Air Conditioning

  • Cooling:Wall Air Conditioning

  • City

  • Exterior:Block

  • Exterior:Brick Face

Location

 

Let the COASTAL MARKETING GROUP be your buyer for this listing. LISTING IS PROVIDED BY KELLER WILLIAMS REALTY JERSEY SHORE wc. 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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609-884-4242315 Ocean Street, Suite 24, Cape May, NJ 08204
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