325 Spruce AveNorth Wildwood, NJ 08260

Property Details for 325 Spruce Ave

Year built

2003

Construction

BRICK

Lot size

0.69 AC

Property size (Sq ft)

5,464 SF

Zone code

CBD

Property type

Other commercial real estate

APN

07 00130-0000-00001

APU

700130000000001

Description

This exceptional free-standing restaurant building presents a lucrative investment opportunity in the thriving commercial corridor of North Wildwood, New Jersey. Located at 325 W Spruce Ave, this 7,164 square foot, two-story property sits on a substantial 30,000 square foot lot, offering significant potential for expansion or redevelopment. Built in 2003, the building is zoned CBD and enjoys high visibility at a signalized intersection directly across from a Wawa, ensuring strong traffic counts. Its prime location at a major entry point to North Wildwood from the Garden State Parkway guarantees consistent exposure to a large customer base. The property's substantial size and strategic location make it ideal for continued operation as a restaurant or for various commercial redevelopment projects. The asking price is $2,500,000. This is a rare opportunity to acquire a well-positioned commercial property in a desirable New Jersey coastal town. The net rentable square footage is 7,164 square feet. Further details are available upon request.

• Alternative Use

  Use

  Valuation

  Residential

  $1,808,308

  Hospitality

  $1,656,400

  Educational

  $1,378,105

  Medical

  $1,425,500

  Retail

  $2,143,719

Location Insight

City

Wildwood

County

Cape May

State

New Jersey

Latitude

39.0125

Longitude

-74.7956

CBSA code

36140

CBSA name

OCEAN CITY, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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