2400 Boardwalk 24, North Wildwood, NJ 08260
$2,900,000
Property Type:
Commercial
Square Footage:
24,256
Status:
Closed
Current Price:
$2,900,000
List Date:
10/13/2016
Last Modified:
1/30/2025
Overview
Description
Once in a life time opportunity. Use as an investment or run your own business out of this amazing location. Located across from Morey pier and the ocean in North Wildwood sits this over 24,000 sq ft building currently holding 5 tenants. First floor basement walk out level has Maintenance shop with 1/2 bath, Basement office w/ walk-in vault, and huge warehouses for all the tenants separate storage needs. Parking lot for 18 cars, street level receiving doors. 2nd level offers 5 tenants all with boardwalk locations and a patio with gaming area. This property also offers a large 2 bedroom 2 full bath Apartment with open floor plan and amazing views of the Ocean.
Listing Details MLS# 21639603
Contract Info
- Property Sub-Type
- Mixed Use
- Sale
- Yes
- Lease
- No
- List Price/SqFt
- 152.54
Location
- House Number
- 2400
- Street Name
- Boardwalk
- Unit/Suite #
- 24
- County
- Cape May
- Municipality
- North Wildwood (NWI)
- Postal City
- North Wildwood
- State
- NJ
- Zip Code
- 08260
- Area/Section
- None
- Complex/Subdivision
- None
- Directions
- Property sits from 24th to 25th on the boardwalk.
General Property Info
- # Levels
- 3
- Retail SqFt
- 11228
- Warehouse SqFt
- 11228
- Other SqFt
- 1800
- Apx SqFt
- 24256
- Garage
- No
- Lot Dimensions
- 100 x 120100
- # Car Garage
- 0
Tax and Legal
- Asmnt - Total
- 2700000
- Taxes
- 30456
- Tax Year
- 2015
Status Change Info
- Under Contract Date
- 2017-04-07
- Sold Date
- 2017-05-15
Income & Expenses
- # Rental Units
- 6
- Financials Per
- Year
- Gross Income
- 252087
- Insurance
- 9000
- Repair/Maintenance
- 10000
More Information
Use
- Retail
- Yes
- Warehouse
- Yes
Zoning
- Commercial
- Yes
Lot Description
- Oceanfront
- Yes
- Oceanside
- Yes
Water Type
- Oceanside/Beach Blk
- Yes
- Oceanview
- Yes
Electric
- Three Phase
- Yes
Basement
- Full
- Yes
- Tenant Access
- Yes
- Tenant Storage
- Yes
- Walk-Out Access
- Yes
Gas
- On Site
- Yes
Water Heater
- Electric
- Yes
- Multiple
- Yes
Heating
- Electric
- Yes
- Natural Gas
- Yes
Water
- Public Water
- Yes
Sewer
- Public Sewer
- Yes
Exterior
- Fire Escape
- Yes
- Handicapped
- Yes
- Lighting
- Yes
Parking
- Assigned
- Yes
- Off Street
- Yes
- Paved
- Yes
Assessment Status
- Assessed
- Yes
Property Features
Use:
Retail; Warehouse
Basement:
Full; Tenant Access; Tenant Storage; Walk-Out Access
Heating:
Natural Gas
Water Heater:
Electric; Multiple
Water:
Public Water
Sewer:
Public Sewer
Gas:
On Site
Electric:
Three Phase
Exterior:
Fire Escape; Handicapped; Lighting
Parking:
Assigned; Off Street; Paved
Zoning:
Commercial
Lot Description:
Oceanfront; Oceanside
Water Type:
Oceanside/Beach Blk; Oceanview
Assessment Status:
Assessed
Listing Office:
Weichert Realtors-Normandy Bch
Listing Agent:
Carrie M McNally
Last Updated: January - 30 - 2025
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