323 E OAK AVE $1,950,000

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    323 E OAK AVE WILDWOOD CITY, NJ 08260

    • 0.98 Acres
    • Commercial
    MLS# 1000341275 | Pending

    $1,950,000

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    Days On Market: 621 2 Views
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    Property Details

    Check out this incredible, once-in-a-lifetime opportunity to change Wildwood's skyline forever. This +/- 1-acre lot is less than 150' from the famous Wildwood boardwalk & beach, and just a short 5-minute walk from popular tourist locations like Morey's Pier, Surfside Pier, Sam's Pizza, the Wildwood Convention Center, etc. This property is currently approved for a ten-story hotel; with plans for 222 on-site parking spaces, which are located from the ground floor to the 3rd floor. The 4th-floor is designated as a lobby and dining area. The 5th through 9th-floors are designated as hotel rooms, and the 10th-floor is currently designated as an indoor pool and recreation area. UPDATE - APRIL 2018 - Townhouse Community // Mixed-Use . Five (5) New Site Plans have been created to depict a residential/mixed-use layout for this property. Check out the 'building plan' attached to this listing to see all 5 new site plans. Plan 1 (Mixed-Use): Fourteen (14) total units; ten (10) of which are being designated as +/-2750sqft three-story townhouses; with the remaining four (4) units consisting of a +/-1050sqft first-floor commercial space and a +/-2125sqft residential space spanning the second & third floors. Plan 2 (Mixed-Use): Same configuration as Plan 1, but with a different parking arrangement. Plan 3 (Residential): Nineteen (19), +/-3100sqft three-story townhouses. Plan 4 (Residential): Seventeen (17), +/-3100sqft three-story townhouses. Plan 5 (Residential): Twenty-one (21), +/-2800sqft three-story townhouses.

    • General Features
      • Condo Coop Association Y/N N
      • County CAPE MAY
      • HOA Y/N N
      • New Construction Y/N N
      • Tax Annual Amount 54510.0
      • Tax Year 2018
      • Utilities Water Available,Sewer Available,Natural Gas Available,Electric Available,Phone,Cable TV Available
      • View Water
      • Water Body Type Ocean
      • Water Frontage Length 180
      • Waterfront Y/N Y
      • Zoning TE
    • Building Features
      • Business Type Apartment Building, Hotel/Motel, Other
      • Exterior Amenities Highway Exposure,Public Transport Nearby
      • Garage Y/N N
      • Sewer Septic Public Sewer
    • Property Features
      • Lot Size Acres 0.98
      • Lot Size Dimensions 180X200
      • Parking Features 1 to 5 Car Garage,Lot,Paved Parking,Private,Public,Assigned,Off Street,Street,Handicap Parking
    • Schools
      • School District WILDWOOD CITY SCHOOLS

    Contact

    Lisa Hanley

    Realtor/Sales Associate

    SP8641560

    BHHS Fox & Roach Washington-Gloucester Home Marketing Center

    Primary: 856-401-3356
    Home Buyers Warranty

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    Market Last 30 Days

    $291,000 Median Sales Price
    73 Homes Sold
    117 New On Market

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        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,950,000
        10/4/2017 1:21:00 PM New in Database Source

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