3400 Boardwalk, Wildwood NJ | Keller Williams Jersey Shore

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3400 Boardwalk, Wildwood, NJ - Active

For Sale: $714,000

Beds: Baths:

Type: Retail

DOM: 184 Days

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PROPERTY DESCRIPTION

This prime Wildwood Boardwalk unit boasts 16.1 feet of direct boardwalk frontage, offering unmatched visibility in one of the areaâ€™s busiest and most visited locations, just steps from Marinerâ€™s Pier. The property is currently under a $50,000 NNN lease, set to run through 2027 with a five-year extension option, making it a solid investment opportunity. Previously home to a basketball game, this space is now part of Wallyâ€™s Restaurant. At the current asking price and under the existing lease, the property provides a 7% return for investors. Unit 3K is available for $2,099,000 and generates $155,000 in annual rental income, including $140,000 from the same lease terms with the same tenant and $15,000 from a Coca-Cola lease for the iconic sign.

PROPERTY FEATURES

Heating:No Heating
1 To 5 Spaces
Cooling:Central Air Conditioning
Cooling:Wall Air Conditioning

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ADDITIONAL PROPERTY PICTURES

Request Property Information - 3400 Boardwalk, Wildwood NJ

For Sale: $714,000 | MLS Number: 253064

| DOM: 184 Days
Provided by: Keller Williams Jersey Shore - www.kwjerseyshorerentals.com

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