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423 E Magnolia Ave 8,600 SF 100% Leased Retail Building Wildwood, NJ 08260 $1,100,000 ($127.91/SF)

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EXECUTIVE SUMMARY

Spacious two-story commercial property just steps away from the water, boardwalk, piers, and countless attractions. Formerly home to one of Wildwood’s most iconic restaurants, Groff’s, the building has been fully gutted and cleaned, providing a blank canvas for a new owner’s vision. Opportunities like this are rare, so schedule your showing today and make it yours!

ATTACHMENTS

Survey

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,600 SF
Building Class
C
Year Built
1937
Price
$1,100,000
Price Per SF
$127.91
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.97
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
R-2 - Commercial.
Frontage
50’ on Magnolia Ave

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Nino's Family Restaurant
  • Retailer
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Nino's Family Restaurant Retailer - - -
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

SuperFresh
ACME
PNC Bank
Chickie's & Pete's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-00238-0000-00012
Land Assessment
$159,400
Improvements Assessment
$276,400
Total Assessment
$435,800
  • Listing ID: 38023539

  • Date on Market: 10/9/2025

  • Last Updated:

  • Address: 423 E Magnolia Ave, Wildwood, NJ 08260

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