2503 New Jersey Ave North Wildwood, NJ 08260
This thriving, 100% occupied convenience store and smoke shop is located at 2503 New Jersey Ave in North Wildwood, NJ, 08260. Boasting 1,000 square feet, this turnkey business offers a diverse product range including premium cigars, pipe tobacco, cigarettes, and smoking accessories, enhanced by a climate-controlled cigar room. The business enjoys a prime location on a busy thoroughfare, just blocks from the boardwalk, ensuring year-round customer traffic. Currently operating under a gross lease with five years remaining, the asking price is $89,900, representing a price per square foot of $89.90 and a 10% cap rate. The sale encompasses the business only
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.