Prime Commercial Building on Shore
717 Shore Road, Somers Point, NJ 08244
Commercial - Somers Point, NJ
Property size:
2,688 SFLot size:
0.17 AcresPrice / SF:
$221/SF- Added:
- Dec 1, 2025
- Days on Market:
- 167
- Last Refresh:
- May 17 at 11:06 am
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
- 2024
- Tax Annual Amount
- 10800
Utilities
- Heating system
- Natural Gas, Zoned (Heating)
- Cooling system
- Central Air, Multi Units, Wall Unit(s), Zoned
Building Details
- Year built
- 1965
- Floors in Building
- 1
- Flooring type
- Carpet
- Building materials
- Block
- Roof type
- Asphalt
Listing agent Michael Petretta License #2331959 (609) 399-5454
Listing office Keller Williams Realty Jersey Shore-Ocean City 903 Bay Ave, Ocean City, NJ (609) 399-5454
Listing date Dec 1, 2025
MLS# 602790
Listing URL
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.
- High visibility location on Shore Road with 12k+ vehicles per day.
- Wide range of permitted uses: medical, office, retail service, or restaurant.
- Located steps from Shore Medical Center and minutes from Ocean City.
- Adaptable interior suitable for open‑plan concepts.
- On‑site parking for 8 vehicles.
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, convenient access, and a wide range of by-right commercial and professional uses. 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 includes 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 café/restaurant with up to approximately 40 seats based on existing parking. Positioned along Shore Road, which sees approximately 12,000+ vehicles per day, the property offers 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 6.99%
Second Best
Office B
$562.6K
$492.3K – $656.4K
NOI $39,382 @ 7.0% cap · market cap 6.62%
Theoretical Best
Warehouse
$1.00M
$875.9K – $1.17M
NOI $70,070 @ 7.0% cap · market cap 11.78%
Zoning and permitted uses should be independently verified with local authorities.
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 near Shore Medical Center and Ocean City.
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 $595,000.
What are key features of this property?
This property features: Prime 2,688± SF commercial building in Somers Point's Professional Medical Zone.; High visibility location on Shore Road with 12k+ vehicles per day.; Wide range of permitted uses: medical, office, retail service, or restaurant.
