For Sale 33-35-37 Boardwalk, On the Intercoastal Waterway!!, Grassy Sound, NJ, 08260

3400 Boardwalk is located in an area that could be described as the Times Square of the Wildwood Boardwalk, directly across from Mariner’s Pier. The property offers exceptional exposure with 30.9 feet of direct boardwalk frontage and an additional 54.3 feet along Cedar Avenue Boardwalk. The main draw to this investment is the $140,000 NNN lease, which expires in 2027 and includes a five-year extension option. The property was formerly home to Harry’s Corner and is now occupied by Wally’s Restaurant. The unit also features the iconic Coca-Cola sign, a well-known landmark on the boardwalk that generates an additional $15,000 in annual income through a lease agreement with Coca-Cola. At the asking price and under the current lease terms with the tenant and Coca-Cola, the property offers an investor a 6.74% return. Additionally, Unit 3J is available for $714,000 and generates $50,000 in annual rental income under the same lease terms with the same tenant, resulting in a 7% cap rate.

This prime Wildwood Boardwalk unit boasts 16.1 feet of direct boardwalk frontage, offering unmatched visibility in one of the area’s busiest and most visited locations, just steps from Mariner’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 Wally’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 $2,299,000 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, resulting in a 6.74% cap rate.

Located in the heart of Wildwood, NJ, this exceptional commercial unit offers a unique opportunity to own prime boardwalk property. Featuring 1665 sq ft of high visibility, foot traffic-heavy commercial space, this is the perfect spot to establish your business and make a mark in one of the areas most sought after locations. The second floor offers two versatile office spaces, ideal for management, or storage. A full bathroom adds convenience for staff and management. With its unbeatable location along the famous wildwood boardwalk, your business will be front and center in the action, surrounded by vacationers and locals alike. Whether youre looking to start a new venture or expand your current operation, this property provides an incredible foundation for success. Dont miss out on this rare chance to own a piece of wildwoods vibrant business scene!