3218 AveWildwood, NJ 08260

This exceptional 39-room motel in Wildwood, NJ, presents a lucrative investment opportunity. Boasting a prime location just over a block from the renowned boardwalk and beach, this well-established business has been operating successfully for over 50 years. The property sits on a 0.34-acre lot and offers a diverse range of accommodations, including spacious two-room efficiencies, executive suites, and VIP rooms, many featuring private balconies. A highlight is the stunning rooftop pool, providing guests with breathtaking ocean views and a perfect vantage point for enjoying the vibrant fireworks displays. The motel's convenient location allows guests easy access to Wildwood's bustling nightlife, attractions, and numerous events, including the Barefoot Music Fest, various sports tournaments, and beach races. The property has undergone recent upgrades, ensuring a turnkey operation for the new owner. One ground-floor room has previously been used for various commercial purposes, such as ice cream sales, presenting additional income potential. Off-street parking is available for guests. With its strong history, desirable amenities, and prime location, this motel represents a rare chance to acquire a thriving business in a highly sought-after destination. The asking price is $5,800,000.