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Type: Commercial/Industrial |
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LOT:
5000 |
| Taxes: 32878.47
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| Area: Wildwood
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| PROPERTY DESCRIPTION |
| 4118-4120 Boardwalk Wildwood, NJ Three separate income streams on the Wildwood Boardwalk. This property produces $135,868 annually across three distinct rental units the primary boardwalk retail space, a second boardwalk gate, and a standalone building at the rear. Three tenancies, three revenue lines, one parcel a structure that spreads risk across multiple positions rather than concentrating it in a single storefront. The two boardwalk positions run through January 31, 2031 with annual CPI escalations tied to the Philadelphia Wilmington Atlantic City index, so income steps up with inflation rather than sitting flat. The rear building is held year-to-year, giving an incoming owner near-term flexibility on that portion of the asset. That rear structure is where the upside sits. It's a freestanding building currently used for storage the lowest-value use available to it. The footprint lends itself naturally to a hole-in-the-wall concept a small-format ice cream window, a trendy coffee shop, a specialty counter with a walk-up service model. These are the formats winning right now in shore markets low buildout cost, high margin, and an aesthetic that travels on social media. Standalone square footage on a boardwalk parcel is genuinely scarce, and this one is currently earning storage rent. Wildwood's boardwalk draws millions of visitors across a summer season, and frontage here is finite. Rent arrives in four seasonal installments, June through September, matching the operating rhythm of the market. Lease available upon request.
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- Heating:Gas Natural
- Cooling:Central Air Conditioning
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| PROPERTY MAP VIEW |
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Request Property Information - 4118-4120 Boardwalk, Wildwood NJ
For Sale: $2,200,000
| MLS Number: 262297
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DOM: 12 Days
Provided by: The DiAntonio Group - www.capemaycommercial.com
(Information Above Will Appear at the Top of the Email that is Sent to The DiAntonio Group) |
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Let a sales associate at DiAntonio Group be the buyer 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.
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