423 E Magnolia Avenue

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423 E Magnolia Avenue

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

AI Property Summary

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

  • The restaurant property is located at 423 E Magnolia Avenue.
  • This retail asset is situated in the city of Wildwood.
  • The site supports restaurant operations or various retail business uses.
  • Wildwood functions as a central hub for Cape May County tourism.
  • The location captures significant seasonal traffic from regional visitors.

What's Special

This restaurant property spans 423 E Magnolia Avenue in Wildwood, New Jersey. The retail building occupies a prominent position within a well-traveled coastal destination known for its seasonal tourism and high pedestrian activity. Investors and business owners will find this location suitable for continued restaurant operations or adaptive retail uses that benefit from the steady influx of visitors to the region. Wildwood serves as a primary hub for commerce and entertainment in Cape May County, maintaining a consistent demand for hospitality services throughout the warmer months. Given the layout and zoning potential for food service, the asset provides a functional base for restaurateurs looking to establish a presence in a classic shore market. The site offers accessibility for local residents and tourists alike, positioning it as a strategic acquisition for those targeting the hospitality or retail sectors in this specific 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

Location & Travel Times