3000 Boardwalk Ave - Storefront FOR SALE
Wildwood, NJ 08260 |
3000 Boardwalk Ave
Wildwood, NJ 08260
HIGHLIGHTS
- Property is Located in an Opportunity Zone Giving the Next Owner Favourable Tax Advantages to Redevelopment
- 3000 Boardwalk is Located in the BA - Boardwalk Amusement Zoning Which Allows For Many “By Right” Uses Including Retail and Full Service Hotels to 6 F
- The Existing Retail Tenants, Several of Which Have Been in Place Over 20 Years, Generate Almost $450,000 Gross Revenue Per Season, Making the Property
- Landlord Has an Almost 40 Year History of Zero Summer Vacancies Prior to 2020 Pandemic
- Recent Capex Improvements Include a New Roof in 2020 and New Bathrooms and Interior Improvements in the Retails Spaces While the Second and Third Floo
- Wildwood is Centrally Located in the Highly Desirable New Jersey Cape Region Where More Than 25 Million People From New York to Washington DC can Reac
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Oceanfront Block to Block Development
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Fast Food, Restaurant, Storefront
TOTAL BUILDING SIZE
14483
STORIES
1
YEAR BUILT
1978
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
14-00220-0000-00009
