Boardwalk Property with Income
3400 Boardwalk, Wildwood, NJ 08260
SINGLE_FAMILY - Wildwood, NJ
Type:Retail
Property size:
3,846 SFLot size:
1.12 AcresPrice / SF:
$545/SF- Added:
- Oct 14, 2025
- Days on Market:
- 220
- Last Refresh:
- May 21 at 4:06 pm
Property Features for 3400 Boardwalk
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- BA-1
- 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 agent Richard Martin License #2080502 (609) 231-7418
Listing office DON MARTIN REALTY, INC 421 W Spruce Ave, NJ (609) 729-8855
Listing date Oct 14, 2025
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.
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.
- Located directly across from Mariner's Pier in a high‑traffic area.
- 7.27% return at the asking price under current lease terms.
- Central Air Cooling.
Overview
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Conventional restaurants
Location Insight
- Map
- Local Demand
- City
- Wildwood
- County
- Cape May
- State
- New Jersey
- Longitude
- -74.8281
- Latitude
- 38.9808
Nearby Similar for Sale
FAQs
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.**
