400 Spencer AveWildwood, NJ 08260

This exceptional Wildwood, NJ investment property presents a unique opportunity for savvy investors. Located directly on the beach block, the property encompasses a substantial 0.46-acre lot featuring a paved parking area with capacity for 80 to 100 vehicles. This prime location guarantees high demand, particularly during peak tourist seasons. In addition to the lucrative parking lot, the property includes a separate building currently operating as a bike rental business. This provides an immediate revenue stream and potential for expansion or diversification. Further enhancing the property's value is a well-maintained, three-bedroom year-round apartment. This residential unit boasts a living room, kitchen, and two full bathrooms, offering comfortable living space for owners or potential rental income. The apartment's roof has been recently replaced, ensuring long-term durability and minimizing maintenance concerns. The entire property is in excellent condition, reflecting a commitment to consistent upkeep. The versatile nature of this property allows for a multitude of potential uses and development opportunities, making it an attractive investment with significant upside potential. The combination of parking, rental income, and prime beach-block location makes this a truly exceptional offering in the vibrant Wildwood market. Serious inquiries are encouraged to explore the full range of possibilities.