400 E Spencer Avenue, Wildwood NJ - UNDER CONTRACT

For Sale: $2,890,000
MLS: 252840     Beds: 0     Baths:     Type: Commercial/Industrial     Lot: 100x200     Taxes: $17,545     DOM: 248 Days

Rare offering in the heart of Wildwood – a well-maintained beach block property featuring an expansive parking lot with capacity for 80–100 cars plus a 3-bedroom, 2-bath year-round apartment with living room and kitchen. The apartment roof has been recently replaced, and the property has been kept in excellent condition, providing immediate rental income and strong holding potential. This site presents unlimited possibilities for developers and investors. Continue to operate the parking lot as a steady cash-flowing business while exploring plans for a future redevelopment project. Its location on the east side of Ocean Avenue offers direct proximity to the boardwalk, beach, and all of Wildwood’s attractions—ideal for condos, multifamily residences, boutique lodging, or mixed-use concepts. With fabulous growth and redevelopment opportunities in Wildwood, this property is perfectly positioned for both short-term returns and long-term vision. Don’t miss one of the last true beach block parcels of this size—an opportunity with endless potential.

PROPERTY FEATURES & AMENITIES

Heat Fuel:Electric   Heat Fuel:Solar   Water Heater:Electric   Conventional   11 Or More Spaces   Paved   220 Volt Electricity   Living Space Available   Smoke/Fire Alarm   Storage   Cooling:Wall Air Conditioning   City   Exterior:Block   Exterior:Concrete   Exterior:Wood/Frame   Exterior:Other (See Remarks)

PROPERTY MAP & AERIAL VIEW

Last Database Update: 06/15/2026 11:01:17

Request Property Information - 400 E Spencer Avenue, Wildwood NJ 0 Bedroom(s)   |    Bathroom(s)   |    For Sale: $2,890,000   |   MLS Number: 252840   |   Property Type: Commercial/Industrial Provided by: The Craig Soens Team - www.craigsoens.com (Information Above Will Appear At The Top Of The Email That Is Sent To The Craig Soens Team)

Let THE CRAIG SOENS TEAM be your buyer's agent for this listing.LISTING IS PROVIDED BY HOFFMAN AGENCY. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.