Boardwalk Property with Income
For Sale
$2,099,000
3400 Boardwalk, Wildwood, NJ 08260
SINGLE_FAMILY - Wildwood, NJ
Property Size3,846 SF
Lot Size1.12 Acres
Price / SF$545.76
Days on Market290
Property Features for 3400 Boardwalk
General Information
Property type
Residential
Property subtype
Retail
Zoning
BA-1
Lot features
Business District, Boardwalk
Subdivision
Wildwood
Standard status
Active
Size
3,846 SF
Lot size
1.12 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
27035
Utilities
Heating system
None (Heating)
Cooling system
Central Air
Building Details
Number of units
1
Listing Agency:
DON MARTIN REALTY, INC
(609) 729-8855
Listed By:
Richard Martin · License #2080502
(609) 231-7418
Added: Oct 14, 2025
Changed: May 21
Last Checked: Jul 30 at 6:06PM
MLS# 253062
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Located in a high-traffic area of the Wildwood Boardwalk, described as the Times Square of the Wildwood Boardwalk, the property at 3400 Boardwalk offers significant exposure, directly across from Mariner's Pier. The property features 30.9 feet of boardwalk frontage and an additional 54.3 feet along Cedar Avenue Boardwalk. The property is currently occupied by Wally's Restaurant and was formerly home to Harry's Corner. A $140,000 NNN lease is in place, expiring in 2027, with a five-year extension option. The iconic Coca-Cola sign, a boardwalk landmark, generates an additional $15,000 in annual income through a lease agreement with Coca-Cola; the owner covers the electricity for the sign, estimated at approximately $2,500 per year. The property offers a 7.27% return based on the asking price and current lease terms with the tenant and Coca-Cola. The lot size is 1.1203 acres and the property size is 3846 square feet. The zoning is BA-1. The property is suitable for conventional restaurants, restaurants, storefront properties, retail properties and spaces, and commercial real estate.
Key Highlights
- $140,000 NNN lease in place until 2027 with a five‑year extension option.
- Iconic Coca‑Cola sign generates $15,000 in annual income.
- Exceptional boardwalk frontage: 30.9 feet on Boardwalk and 54.3 feet on Cedar Avenue Boardwalk.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,502
Businesses Nearby
4k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 77%
Hotels & Casinos 23%
Family Dollar
Shops & Services
3,099 visits/mo
0.5 miles
The Waves Hotel - Ascend Hotel Collection
Hotels & Casinos
940 visits/mo
0.4 miles
Demographics for 08260, NJ
12,964
Population
23,076
Households
0.6
Avg Household Size
53
Median Age
28%
College-Educated
93%
High-School Grad
15.9 sq mi
ZIP Area
815
Density / Sq Mi
$71,549
Median Household Income
$40,361
Median Earnings
$1,182
Median Rent
$441,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Prime boardwalk location with existing leases and income.
Where is this conventional restaurant located?
The property is located at 3400 Boardwalk Wildwood, NJ.
What is the asking price?
The asking price for this property is $2,099,000.
What are key features of this property?
This property features: $140,000 NNN lease in place until 2027 with a five‑year extension option.; Iconic Coca‑Cola sign generates $15,000 in annual income.; Exceptional boardwalk frontage: **30.9 feet on Boardwalk and 54.3 feet on Cedar Avenue Boardwalk.**
