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Freestanding Commercial Building

717 Shore Road Somers Point, NJ 08244

Claim this Listing
For Sale
$549,000

COMMERCIAL - Somers Point, NJ

Property size:
2,688 SF
Lot size:
0.17 Acres
Price / SF:
$204/SF
Added:
May 26, 2026
Days on Market:
48
Last Refresh:
Jul 12 at 10:06 am

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 agent Michael Petretta License #2331959

Listing office KELLER WILLIAMS REALTY JERSEY SHORE oc 903 Bay Avenue, Ocean City, NJ

Listing date May 26, 2026

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 masonry construction and a vinyl-clad exterior. The interior retains an existing medical office setup with roughly eight rooms, including six with capped exam-room plumbing in-wall, plus a reception/waiting area and three restrooms. The property includes an approximately 0.1745-acre lot with about 50 feet of frontage and roughly 152 feet of depth, along with eight on-site parking spaces. Delivered vacant; some updating is needed and reflected in the pricing. A floor plan is available for review.

Located on high-visibility Shore Road in the heart of Somers Point’s food and retail corridor. The building is one block from Dead End Bakery, on the same block as CJ’s, and steps from multiple established restaurants. Shore Medical Center is approximately one block away, and Ocean City is minutes across the bridge, supporting both year-round and seasonal foot traffic.

Flexible PMC zoning provides by-right options including cafe/restaurant (with existing parking suggesting up to approximately 40 seats), retail, salon/spa, personal care, wellness studio, as well as medical and professional office use. Most recently operated as a medical office, the retained interior layout can reduce build-out effort for operators who want to adapt the space for client visits, retail sales, or quick-serve food service. Buyer to verify all information.

Key Highlights

  • Freestanding 2,688+/- SF commercial building on high‑visibility Shore Road in Somers Point
  • 0.1745‑acre lot with 50 ft frontage and 152 ft depth; 8 on‑site parking spaces
  • Flexible PMC zoning with by‑right uses including cafe/restaurant, retail, salon/spa, personal care, wellness studio, medical, and professional office

Local Financial Insights For Specialty Retail

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 $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 Uses

Best Use
Specialty Retail
$594.1K
$519.8K – $693.1K (±1% cap)
NOI $41,586 @ 7.0% cap · market cap 7.57%
Second Best
Office B
$562.6K
$492.3K – $656.4K (±1% cap)
NOI $39,382 @ 7.0% cap · market cap 7.17%
Theoretical Best
Warehouse
$1.00M
$875.9K – $1.17M (±1% cap)
NOI $70,070 @ 7.0% cap · market cap 12.76%
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

Suggested Use

Real Estate Agency Auto Parts Store Big Box & Wholesale Store Daycare Center Storage Facility Computer & Electronic Repair (Bike/Boat/Book/etc) Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Barber Shop

Zoning and permitted uses should be independently verified with local authorities.

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 building with existing medical office layout, reception and restrooms, positioned for retail or food-service conversion.
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: Freestanding 2,688+/- SF commercial building on high‑visibility Shore Road in Somers Point; 0.1745‑acre lot with 50 ft frontage and 152 ft depth; 8 on‑site parking spaces; Flexible PMC zoning with by‑right uses including cafe/restaurant, retail, salon/spa, personal care, wellness studio, medical, and professional office
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