4005 Pacific AveWildwood, NJ 08260

  • Other commercial real estate
  • 1,400 SF
For Sale
$474,000 View listing

Property Details for 4005 Pacific Ave

Year built
1930
Construction
FRAME
Lot size
0.04 AC
Property size (Sq ft)
1,400 SF
Zone code
RM
Property type
Other commercial real estate
APN
14 00137-0000-00016- 02
APU
140013700000001602

Description

This unique investment opportunity presents a chance to own one of the last remaining Nickelodeon-style storefront theaters in the United States, located at 4005 Pacific Avenue in Wildwood, New Jersey. The property, priced at $474,000, offers a cozy and intimate setting ideal for a diverse range of entertainment ventures. Imagine hosting live plays, musical performances, comedy shows, or literary readings within its historic walls. The theater's recent renovation in 2022 ensures it's in excellent condition and ready for immediate use. A welcoming lobby area includes a fully functional concession stand, providing a convenient source of revenue through the sale of snacks, popcorn, and soda. This adds to the overall audience experience and creates additional income streams. The theater's nostalgic atmosphere and unique character provide a captivating setting for memorable events, attracting a wide range of patrons. This is a rare opportunity to acquire a piece of American entertainment history and establish a thriving business in a vibrant coastal community. The property sits on a lot with zero acres. The square footage is not currently available. This is a turnkey operation ready for a new owner to step in and begin creating unforgettable experiences. Don't miss this chance to own a piece of Wildwood's rich history and the future of its entertainment scene.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $463,313
    Hospitality
    $424,392
    Educational
    $353,089
    Medical
    $365,233
    Retail
    $549,250
4005 Pacific Ave, Wildwood, New Jersey

Location Insight

City
Wildwood
County
Cape May
State
New Jersey
Latitude
38.9868
Longitude
-74.817
CBSA code
36140
CBSA name
OCEAN CITY, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,819
$61,000
$64,000
$125,000
-
$61,000
$64,000
$125,000

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