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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!
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
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)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 14-00238-0000-00012 | Improvements Assessment | $276,400 |
| Land Assessment | $159,400 | Total Assessment | $435,800 |
PROPERTY TAXES
Parcel Number
14-00238-0000-00012
Land Assessment
$159,400
Improvements Assessment
$276,400
Total Assessment
$435,800
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423 E Magnolia Ave
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