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    3400 Boardwalk Wildwood, NJ 08260

    For Sale
    $2,299,000

    Retail - Wildwood, NJ

    Type:Retail
    Property size:
    3,846 SF
    Days on Market:
    35
    Last Refresh:
    Dec 11 at 9:06 pm

    Property Features for 3400 Boardwalk

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    BA-1
    Size
    3,846 SF

    Utilities

    Cooling system
    Central Air, Wall Unit(s)

    Building Details

    Floors in Building
    2
    Number of units
    1
    Architectural style
    Other

    DON MARTIN REALTY, INC. 7298855

    Listing agent Richard Martin (609) 729-8855 License #2080502

    Listing date Nov 7, 2025

    MLS# 253062 Listing URL

    Copyright © 2025 Cape May County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Boardwalk Retail Investment Opportunity

    Located in the high-traffic area of the Wildwood Boardwalk, often described as the Times Square of the Wildwood Boardwalk, 3400 Boardwalk offers a retail investment opportunity. The property, formerly Harry’s Corner and currently occupied by Wally’s Restaurant, features 30.9 feet of direct boardwalk frontage and an additional 54.3 feet along Cedar Avenue Boardwalk. The property has a $140,000 NNN lease, which expires in 2027 and includes a five-year extension option. The unit also features the iconic Coca-Cola sign, a well-known landmark on the boardwalk that generates an additional $15,000 in annual income through a lease agreement with Coca-Cola. The property offers an investor a 6.74% return under the current lease terms with the tenant and Coca-Cola. The property has a size of 3846 square feet.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Restaurant Clothing Store Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wildwood
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.8281
    Latitude
    38.9808

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    FAQs

    What type of property is this?
    Restaurant - Prime boardwalk retail space with existing leases and income.
    Where is this restaurant located?
    The property is located at 3400 Boardwalk Wildwood, NJ.
    What is the asking price?
    The asking price for this property is $2,299,000.
    What are key features of this property?
    This property features: - $140,000 NNN lease in place until 2027 with a five-year extension option.; - Exceptional boardwalk frontage: **30.9 feet directly on the boardwalk** and an additional 54.3 feet on Cedar Avenue Boardwalk.; - 6.74% return on investment based on current lease terms.
    (609) 729-8855
    Request Owner's contact information
    3400 Boardwalk Wildwood, NJ 08260
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    Wildwood, NJ 08260
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3400 Boardwalk Wildwood, NJ 08260
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