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3000 Boardwalk
Wildwood, NJ 08260
Oceanfront Block to Block Development · Retail Property For Sale
Investment Highlights
- Property is Located in an Opportunity Zone Giving the Next Owner Favourable Tax Advantages to Redevelopment
- The Existing Retail Tenants, Several of Which Have Been in Place Over 20 Years, Generate Almost $450,000 Gross Revenue Per Season, Making the Property
- Recent Capex Improvements Include a New Roof in 2020 and New Bathrooms and Interior Improvements in the Retails Spaces While the Second and Third Floo
- 3000 Boardwalk is Located in the BA - Boardwalk Amusement Zoning Which Allows For Many “By Right” Uses Including Retail and Full Service Hotels to 6 F
- Landlord Has an Almost 40 Year History of Zero Summer Vacancies Prior to 2020 Pandemic
- Wildwood is Centrally Located in the Highly Desirable New Jersey Cape Region Where More Than 25 Million People From New York to Washington DC can Reac
Property Facts
Property Type
Retail
Property Subtype
Building Size
14,483 SF
Building Class
B
Year Built
1978
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.55
Lot Size
0.60 AC
Zoning
Boardwalk Amusement - opportunity zone
Frontage
215’ on Boardwalk
Property Taxes
| Parcel Number | 14-00220-0000-00009 | Improvements Assessment | $500,000 |
| Land Assessment | $2,000,000 | Total Assessment | $2,500,000 |
Property Taxes
Parcel Number
14-00220-0000-00009
Land Assessment
$2,000,000
Improvements Assessment
$500,000
Total Assessment
$2,500,000
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