118 E Rio Grande Avenue

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118 E Rio Grande Avenue

Wildwood, NJ 08260
Asking Price
Contact for price
Asset Type
Commercial Mixed-use
Class
Class B

AI Property Summary

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

  • Commercial mixed-use property spanning 3,000 square feet
  • Located at 118 E Rio Grande Avenue in Wildwood
  • Flexible interior layout supports diverse business use cases
  • Situated within an established South Jersey coastal market
  • Accessible location for local commerce and seasonal tourism

What's Special

This 3,000 square foot mixed-use commercial property sits at 118 E Rio Grande Avenue in Wildwood, New Jersey. The asset serves as a versatile space suitable for various business operations, benefiting from its position within a coastal community known for seasonal tourism and steady local commerce. Prospective buyers have the flexibility to adapt the interior layout to accommodate retail, professional services, or office configurations as market demand requires. Wildwood remains a recognized destination in the South Jersey region, drawing consistent foot traffic throughout the warmer months. Investors or owner-occupiers will find the location accessible to primary thoroughfares and neighboring municipal centers. The property represents a functional addition to a commercial portfolio, providing a presence in a market characterized by its distinct seasonal population and established beach-town infrastructure. Given the layout and square footage, the building is well-positioned for entrepreneurs looking to establish or expand a venture in this specific shore submarket.

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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

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