700 New Jersey Avenue

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700 New Jersey Avenue

North Wildwood, NJ 08260
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront measuring 3,000 square feet for sale.
  • Property is situated in the municipality of North Wildwood.
  • Location benefits from seasonal tourism and steady coastal foot traffic.
  • Versatile building layout supports various retail and service commercial uses.
  • Accessible site located within the primary New Jersey shore submarket.

What's Special

Spanning 3,000 square feet, this retail storefront at 700 New Jersey Avenue provides a functional footprint for businesses operating within North Wildwood. The property serves as a commercial anchor in a popular coastal submarket, benefiting from consistent seasonal foot traffic and regional tourism patterns characteristic of the Jersey Shore. This location offers high visibility for a variety of retail concepts, ranging from boutique apparel and accessory shops to specialty goods or service-oriented businesses. Investors and business owners looking to establish a presence in a dense seaside municipality will find the layout adaptable to modern merchandising requirements. The building maintains proximity to primary transportation arteries, ensuring accessibility for both residents and visitors navigating the local area. Given the consistent influx of summer guests, the asset functions as a strategic acquisition for parties interested in capitalized revenue growth within the regional leisure economy. Its straightforward floor plate allows for efficient interior configurations tailored to specific operational needs.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times