Prime Commercial Building on Shore
717 Shore Road, Somers Point, NJ 08244
New
COMMERCIAL - Somers Point, NJ
Property size:
2,688 SFLot size:
0.17 AcresPrice / SF:
$204/SF- Added:
- May 26, 2026
- Days on Market:
- 3
- Last Refresh:
- May 28 at 4:06 pm
Property Features for 717 Shore Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- PMC Zone
- 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
- Sewer type
- Public Sewer
- Heating system
- Zoned, Natural Gas
- Cooling system
- Wall Unit(s), Central Air, Zoned
- Water source
- Public
Building Details
- Year built
- 1965
- Flooring type
- Carpet
- Roof type
- Asphalt
Listing agent Michael Petretta License #2331959 (609) 289-2346
Listing office Keller Williams Realty Jersey Shore - Ocean City 903 Bay Ave, Ocean City, NJ (609) 399-5454
Listing date May 26, 2026
MLS# 608220
Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime 2,688+\/- SF commercial building in Somers Point's Professional Medical Zone.
- Located on highly visible Shore Road with 12k+ vehicles per day, near Shore Medical Center and Ocean City.
- Wide range of by‑right commercial and professional uses permitted (medical, office, retail, restaurant).
- Adaptable interior suitable for various build‑out styles, including open‑plan concepts.
- On‑site parking for 8 vehicles.
- 0.1745‑acre lot with 50 ft of frontage and 152 ft of depth.
Overview
This commercial building offers approximately 2,688 square feet of space on Shore Road in Somers Point. The property is located steps from Shore Medical Center and minutes from Ocean City. Situated within Somers Point's Professional Medical Zone, the property benefits from excellent exposure and convenient access. The building features a concrete block exterior and an adaptable interior suitable for various build-out styles, including open-plan concepts. The 0.1745-acre lot provides 50 feet of frontage and 152 feet of depth, along with on-site parking for 8 vehicles. Permitted uses include medical and wellness practices, professional offices, healthcare support or administrative services, small-format boutique retail or service operators such as salon/spa, personal care, wellness, studio, or specialty office, and an enclosed cafe/restaurant with up to approximately 40 seats based on existing parking. The property is positioned along Shore Road, which sees approximately 12,000+ vehicles per day, offering excellent visibility and convenient access to the Shore Road and New Road commercial corridors, as well as the nearby Ocean City bridge. This property is suitable for medical, office, retail service, or restaurant operators.
Financial Insights
Value Estimation Calculated for Specialty Retail
Conservative
$462.1K
NOI $41,586 @ 9.00% cap · cautious / downside scenario
Moderate
$594.1K
NOI $41,586 @ 7.00% cap · market / base-case scenario
Aggressive
$831.7K
NOI $41,586 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Specialty Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.1k | $21.60 |
| − Vacancy | −$2.6k | −$0.97 |
| EGI | $55.4k | $20.63 |
| − OpEx | −$13.9k | −$5.16 |
| NOI | $41.6k | $15.47 |
2,688 SF · lease $21.60/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Use Scenarios
Best Use
Specialty Retail
$594.1K
$519.8K – $693.1K
NOI $41,586 @ 7.0% cap · market cap 7.57%
Second Best
Office B
$562.6K
$492.3K – $656.4K
NOI $39,382 @ 7.0% cap · market cap 7.17%
Theoretical Best
Warehouse
$1.00M
$875.9K – $1.17M
NOI $70,070 @ 7.0% cap · market cap 12.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
GWHS Answering Services
Telecommunications Service
Similar Places 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
Location Insight
- Map
- Local Demand
- City
- Somers Point
- County
- Atlantic
- State
- New Jersey
- Longitude
- -74.5955613
- Latitude
- 39.3142406
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Highly visible commercial building in Somers Point, near Shore Medical.
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 $549,000.
What are key features of this property?
This property features: Prime 2,688+\/- SF commercial building in Somers Point's Professional Medical Zone.; Located on highly visible Shore Road with 12k+ vehicles per day, near Shore Medical Center and Ocean City.; Wide range of by‑right commercial and professional uses permitted (medical, office, retail, restaurant).
