The Lufran Motel is a tremendous opportunity to own a 27 room motel with one of the largest pools with unobstructed direct ocean views. This is a seasonal income producing property which gets inundated with summer vacationers seeking beach fun and poolside relaxation. Customer activity and bookings have increased significantly in the past years with more people staying before and after the summer season. The motel grounds are spacious with plenty of outside area for upper deck and pool side lounging with tables & cooking areas for motel guests.
The beach and boardwalk access is minutes right outside the door and in minutes guests can have their feet on the beach sand or on their way to boardwalk for food, games and entertainment. A variety of incredible restuarants and eateries are just a short walk to the next street. Located direct on Ocean Ave, this is a prime location and opportunity, having direct ocean views and access to the Wildwood Boardwalk & convention center.
This is a must see in order to see the beautiful ocean views and really gain an understanding of this significant business opportunity and its location. The motel property is being sold "As Is". The property is perfectly suited for updating or new construction with 100 x 140 sq ft, of direct unobstructed ocean view frontage to update or develop with new condotel construction.
The Wildwood area has had some large scale development with state and federal funding. This area is a diamond in the rough. This location has a flexible, buildable footprint. For options, please call listing agent to discuss opportunites!
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Courtesy of: Weichert Realtors - Ship Bottom Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 29th November, 2021 10:09 AM