Technical
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Distress signals
Property profile

9601 Atlantic Ave Wildwood, NJ 08260

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional commercial property, located at 9601 Atlantic Avenue, C-1, in Lower Township, New Jersey (zip code 08260), presents a lucrative investment opportunity. Priced at $925,000, this established hospitality business boasts a prime location within "The Grand at Diamond Beach," a highly desirable area with over 500 residences within easy walking distance. The property's strategic placement ensures high foot traffic and a built-in customer base. The existing business, a thriving coffee shop and ice cream parlor, has a proven track record of success, having operated for several years. The interior comfortably seats 49 patrons, providing ample space for customers. All necessary equipment is included in the sale, allowing for a seamless transition for the new owner. This turnkey operation is ready for immediate occupancy and presents a fantastic chance to capitalize on a well-established business in a prime location. The property is categorized as both Hospitality and Land, offering flexibility for future development or continued operation as a successful commercial venture. This is a rare opportunity to acquire a profitable business with significant growth potential in a thriving coastal community. Don't miss out on this exceptional investment.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Condominium Complex Apartment Complex
  • Business Management Consultant
  • Swimming Pool Hardware & Home Improvement

Location

9601 Atlantic Ave Wildwood, NJ 08260
Wildwood metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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