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    3400 Boardwalk Wildwood, NJ 08260

    For Sale
    $714,000

    Retail - Wildwood, NJ

    Type:Retail
    Property size:
    692 SF
    Days on Market:
    30
    Last Refresh:
    Dec 6 at 8:06 pm

    Property Features for 3400 Boardwalk

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    BA-1
    Size
    692 SF

    Utilities

    Cooling system
    Central Air, Wall Unit(s)

    Building Details

    Floors in Building
    1
    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# 253064 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

    Wildwood Boardwalk Retail Investment

    This retail property, located on the Wildwood Boardwalk, features 16.1 feet of direct boardwalk frontage, providing significant visibility in a high-traffic area near Mariner’s Pier. The 692-square-foot unit is currently under a $50,000 NNN lease that extends through 2027, with an option for a five-year extension. Previously used as a basketball game venue, the space is now part of Wally’s Restaurant. Unit 3K generates $155,000 in annual rental income, including $140,000 from the existing lease terms with the same tenant and $15,000 from a Coca-Cola lease for the sign, resulting in a 6.74% cap rate. The property is zoned BA-1 and presents a solid investment opportunity.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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?
    Retail space - Prime boardwalk retail unit with existing lease and high visibility.
    Where is this retail space located?
    The property is located at 3400 Boardwalk Wildwood, NJ.
    What is the asking price?
    The asking price for this property is $714,000.
    What are key features of this property?
    This property features: - High annual rental income of $155,000.; - Existing NNN lease through 2027 with a five-year extension option.; - Prime boardwalk frontage of 16.1 feet in a high-traffic location.
    (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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