5200 Boardwalk Unit Units 10 Wildwood, NJ 08260
- Retail properties
- 0.03 lot acres
Current Use by Public Records
- Retail properties
Property Details for 5200 Boardwalk Unit Units 10
- Year built
- 1971
- Lot size
- 0.03 lot acres
- Property type
- Retail properties
Description
This exceptional retail opportunity presents two combined storefronts (Units 10 & 11) totaling 1500 square feet (30ft x 50ft) situated on the world-famous Wildwood Boardwalk within the Shops at Ocean Towers. Benefiting from a high-traffic location, this property enjoys a strategic position—a block from the boardwalk's end, ensuring visibility to both early and late-evening foot traffic. It's also the last stop for the boardwalk tram, maximizing exposure. The combined units offer significant advantages, with Unit 11 being an end unit, further enhancing its desirability. The property is part of a larger complex, with seven floors of residential units above in both the North and South Towers, providing a built-in customer base. The listing price is $597,777. An adjacent unit (Unit 9) is also available for purchase, offering a combined purchase option for $897,777. Unit 9 is individually priced at $307,777. The annual condo fee for Unit 10 is $6,498.85, and for Unit 11 is $6,313.17. These fees include water, sewer, master flood and liability insurance, trash removal, and parking. The property sits on a 0.03-acre lot. This is a rare chance to own a thriving business on one of the most popular boardwalks in the country.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wildwood
- County
- Cape May County
- State
- New Jersey
- Longitude
- -74.8225
- Latitude
- 38.9786
