RESTAURANT / 3 APARTMENTS - THIS IS A RARE SITE - 4 Unit Mixed Use Property. This High Traffic Restaurant has always been a Money Maker. If you are in the Restaurant Business and looking to Re-locate to the Wildwoods this Property gives you an Ideal Location just a Short walk to the Beach / Boards and Surrounded by Hundreds of Rental Units that Turn over with New Renters Weekly. To add to that we have 3 Rental Properties that throw off Cash to more than cover the Carrying Costs of the Property. These units are Located in 2 Separate Buildings. Front Building Consists of the Fully Equipped Restaurant ( up to 50 Seats ) set up for Pizza, Sandwiches and Breakfast . Anyone in the Business will Appreciate the 13 Foot Hood, Pizza Ovens, Mixers, Bain Maries, Refrigeration, Gas Fired Grill, and Fryers. With this Size of Kitchen and Hood the Concept Options are Limitless. Above the Front Building is a 2/3 Bedroom 1 Bath Apartment that has been conveniently used by the Restaurant Operator. The Rear Building Consists of 1st Floor - 2 Bedroom 1 Bathroom Apartment, 2nd Floor is also a 2 Bedroom 1 Bath Apartment. As a Property Owner myself, the best thing about this Property besides it having 4 Units is that it sits on a Small Lot, which means Minimal Property Taxes. All Building No Unused Land to pay Taxes on !!
Sold for $699,000 on 06/16/23
$699,000
4416 Pacific Ave, Wildwood, NJ 08260
6beds
--sqft
MultiFamily
Built in ----
-- sqft lot
$842,500 Zestimate®
$--/sqft
$3,511 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: June 20, 2023 at 06:47am
Listed by:
Edward (Augie) Augsberger 609-338-1189,
COASTAL ELITE REALTY
Bought with:
Edward (Augie) Augsberger, 0338089
COASTAL ELITE REALTY
Source: CMCAOR,MLS#: 231098
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- Partial bathrooms: 1
Heating
- None
Cooling
- Other
Appliances
- Included: Gas Water Heater
Property
Lot
- Size: 2,250 sqft
- Dimensions: 25 x 90
- Features: Corner Lot
Construction
Type & style
- Home type: MultiFamily
Condition
- New construction: No
Utilities & green energy
- Electric: Separate Meter(s)
- Sewer: Public
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Wildwood
HOA & financial
Other financial information
- Total actual rent: 99999
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$842,500
2% more+$16,850
With Zillow Showcase(estimated)$859,350