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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

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    What's special

    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 !!

    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#: 231098MLS Logo

    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