Freestanding Medical Office
717 Shore Road Somers Point, NJ 08244
717 Shore Road, Somers Point, NJ, 08244
$495,000
For Sale
$495,000
COMMERCIAL - Somers Point, NJ
Property Size2,688 SF
Lot Size0.17 Acres
Price / SF$184.15
Days on Market57
Property Features for 717 Shore Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- PMC
- Interior features
- Generator
- Exterior features
- Sign
- Standard status
- Active
- Size
- 2,688 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11240
Utilities
- Heating system
- Natural Gas, Zoned
- Cooling system
- Central Air, Zoned
Building Details
- Year built
- 1965
- Flooring type
- Carpet - Full
Listing agency
KELLER WILLIAMS REALTY JERSEY SHORE oc
(609) 399-5454
Listed by
Michael Petretta · License #2331959
(609) 289-2346
Added: May 26 Updated: Jul 21 at 2:16AM Checked: Jul 21 at 9:06AM
MLS# 261434
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.
Freestanding 2,688+/- SF commercial building with a masonry construction and vinyl-clad exterior. The property was most recently used as a medical office and retains an interior layout including roughly 8 rooms, a reception/waiting area, and 3 restrooms; six rooms have capped exam-room plumbing in-wall. Buyer should note that some updating is needed, and the building is delivered vacant. A floor plan is available for review.
Located on Shore Road in Somers Point’s food and retail corridor, the building is described as high-visibility and is situated about one block from Dead End Bakery, on the same block as CJ’s, and steps from multiple established restaurants. Shore Medical Center is also described as one block away, and Ocean City is minutes across the bridge.
The site includes a 0.1745-acre lot with approximately 50 feet of frontage and 152 feet of depth, along with 8 on-site parking spaces. Listing information also notes traffic exposure of approximately 12,000+ vehicles per day. Zoning is PMC, and the seller indicates the space may support a range of by-right uses including retail and various personal care or wellness concepts, as well as medical and professional office. Buyer to verify all information.
Located on Shore Road in Somers Point’s food and retail corridor, the building is described as high-visibility and is situated about one block from Dead End Bakery, on the same block as CJ’s, and steps from multiple established restaurants. Shore Medical Center is also described as one block away, and Ocean City is minutes across the bridge.
The site includes a 0.1745-acre lot with approximately 50 feet of frontage and 152 feet of depth, along with 8 on-site parking spaces. Listing information also notes traffic exposure of approximately 12,000+ vehicles per day. Zoning is PMC, and the seller indicates the space may support a range of by-right uses including retail and various personal care or wellness concepts, as well as medical and professional office. Buyer to verify all information.
Key Highlights
- Freestanding 2,688+/- SF commercial building on high‑visibility Shore Road in Somers Point.
- Flexible PMC zoning for by‑right uses such as cafe/restaurant, retail, salon/spa, personal care, wellness studio, medical, and professional office.
- Former medical office layout includes roughly 8 rooms (six with capped exam‑room plumbing), reception/waiting area, and 3 restrooms.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $71.9k | $26.76 |
| − Vacancy | −$19.4k | −$7.23 |
| EGI | $52.5k | $19.53 |
| − OpEx | −$13.1k | −$4.88 |
| NOI | $39.4k | $14.65 |
2,688 SF · lease $26.76/SF/yr · vacancy 27.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$562.6K
$492.3K – $656.4K
NOI $39,382 @ 7.0% cap · market cap 7.96%
Second Best
Healthcare Medical
$544.4K
$476.3K – $635.1K
NOI $38,107 @ 7.0% cap · market cap 7.70%
Theoretical Best
Warehouse
$1.00M
$875.9K – $1.17M
NOI $70,070 @ 7.0% cap · market cap 14.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
GWHS Answering Services
Telecommunications Service
Similar For Sale Nearby
Similar Off Market Nearby
- Mainland Veterinary Hospital — 425 Bethel Rd, Somers Point, NJ 08244
- Somers Point Veterinary Hospital: De Lorenzo Regina C DVM — 1 Braddock Dr, Somers Point, NJ 08244
FAQs
What type of property is this?
Medical Office Space - Freestanding commercial building with an existing medical office layout, 8 on-site parking spaces, and ~50 feet of Shore Road frontage.
Where is this medical office space located?
The property is located at 717 Shore Road Somers Point, NJ.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Freestanding 2,688+/- SF commercial building on high‑visibility Shore Road in Somers Point.; Flexible PMC zoning for by‑right uses such as cafe/restaurant, retail, salon/spa, personal care, wellness studio, medical, and professional office.; Former medical office layout includes roughly 8 rooms (six with capped exam‑room plumbing), reception/waiting area, and 3 restrooms.
