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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5202 Boardwalk Unit Wildwood, NJ 08260

0.03 ac lot Built 1971
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity presents a 20x55 foot storefront located at 5202 Boardwalk Unit 9 S, Wildwood, NJ, within the Shops at Ocean Towers. Benefitting from a high-traffic location, this property is situated a block from the boardwalk's end, ensuring visibility to both early and late-evening foot traffic. Its strategic placement makes it the last stop for the boardwalk tram before its turnaround, maximizing exposure. Currently configured as an arcade, this versatile space is zoned for a variety of commercial uses. The building boasts seven floors of residential units above, providing a built-in customer base. This unit is available for individual purchase at $307,777, or as part of a larger package including adjacent units 10 and 11 (listed separately at $597,777). The combined purchase price for all three units is $897,777. The annual condo fee for Unit 9 is $6,498.85, which encompasses water/sewer, master flood and liability insurance, trash removal, and parking. The lot size is 0.03 acres. This is a rare chance to own a thriving business on the iconic Wildwood Boardwalk. Consider the potential for significant returns in this highly desirable location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1971
Lot 0.03 ac (1,307 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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