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    Boardwalk Mixed-Use Investment Opportunity Title is generated by Realmo AI

    4314-20 Boardwalk, Wildwood, NJ 08260

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    Claim this Listing
    For Sale
    $7,500,000

    COMMERCIAL - Wildwood, NJ

    Property size:
    28,000 SF
    Price / SF:
    $267/SF
    Added:
    Oct 24, 2025
    Days on Market:
    257
    Last Refresh:
    Jul 7 at 12:06 am

    Property Features for 4314-20 Boardwalk

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    BRZ
    Standard status
    Active
    Size
    28,000 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    91184

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water front
    1

    Building Details

    Number of units
    4

    We can help!

    Contact an agent
    Paul F. Chiolo

    Listing agent Paul F. Chiolo License #8742328

    Listing office KELLER WILLIAMS REALTY JERSEY SHORE wc 5501 New Jersey Ave, Ocean City, NJ

    Listing date Oct 24, 2025

    MLS# 253175

    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

    • Unrivaled beachfront location directly on the Wildwood Boardwalk, near the Convention Center
    • Significant income potential from four fully‑leased retail stores and three apartments
    • Large 20,000 sq. ft. parking lot with 91 spaces
    • Redevelopment opportunity for a flagship hotel or mixed‑use resort
    • Spans over 28,000 sq. ft. of combined improvements and parking
    • Includes public showers, lockers, garage, and utility storage areas

    Overview

    This mixed-use property is located directly on the Wildwood Boardwalk, approximately 1,000 feet from the Convention Center. The property includes four fully-leased Boardwalk retail stores totaling approximately 8,400 sq. ft., providing income. There are also three apartments, including two efficiencies and one 2-bed/1-bath unit, offering additional year-round rental income. The property features public showers, lockers, a garage, and utility storage areas. A 20,000 sq. ft. parking lot with 91 spaces is included. The property presents opportunities for investors and developers to continue as a high-yield income property or redevelop into a beachfront hotel or mixed-use resort. The property spans over 28,000 sq. ft. of combined improvements and parking.

    Local Financial Insights For Apartment 5plus

    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 $729.1k $26.04
    − Vacancy −$36.5k −$1.30
    EGI $692.7k $24.74
    − OpEx −$311.7k −$11.13
    NOI $381.0k $13.61
    28,000 SF · lease $26.04/SF/yr · vacancy 5.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $5.44M
    $4.76M – $6.35M (±1% cap)
    NOI $380,965 @ 7.0% cap · market cap 5.08%
    Second Best
    Retail
    $4.64M
    $4.06M – $5.41M (±1% cap)
    NOI $324,576 @ 7.0% cap · market cap 4.33%
    Theoretical Best
    Office A
    $8.57M
    $7.50M – $10.00M (±1% cap)
    NOI $599,962 @ 7.0% cap · market cap 8.00%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Nursing Home Nursing Home (Bike/Boat/Book/etc) Store Car Rental Facility Veterinary Clinic Locksmith Restaurant Restaurant Clothing & Fashion Store Farmer's Market

    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

    FAQs

    What type of property is this?
    Mixed-use property - Rare beachfront property with retail, apartments, parking, and redevelopment potential.
    Where is this mixed-use property located?
    The property is located at 4314-20 Boardwalk Wildwood, NJ.
    What is the asking price?
    The asking price for this property is $7,500,000.
    What are key features of this property?
    This property features: Unrivaled beachfront location directly on the Wildwood Boardwalk, near the Convention Center; Significant income potential from four fully‑leased retail stores and three apartments; Large 20,000 sq. ft. parking lot with 91 spaces
    More about this property
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