USANJWildwoodUnits-3K-And-3J-3400 Boardwalk
Listing image | Image 1

Units 3K and 3J-3400 Boardwalk, Wildwood, NJ

House

For Sale

Listed price in listed location currency (USD).
$2,813,000

000

MLS® 262854

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size 4538 sqft
Garage 
Taxes $39,512
Days Active 6
Lot Size 
Approx. Age 
Avg. Price Per Sqft $619
MLS® Number 262854

Property Address: units-3k-and-3j-3400 Boardwalk, Wildwood, NJ, 08260

Average square foot calculated using Size range provided by listing agent.

Description

Prime Wildwood Boardwalk investment opportunity featuring Units 3J and 3K, with a combined 47 feet of direct Boardwalk frontage in one of the Wildwoods' busiest and most visited locations, directly across from Mariner's Pier. Located in an area that could be described as the "Times Square" of the Wildwood Boardwalk, these two units offer exceptional visibility and exposure. The property was formerly home to Harry's Corner and is now occupied by Wally's Restaurant under NNN lease agreements totaling $190, 000 annually, which expires in 2027 and includes a five-year extension option. Unit 3K features 30.9 feet of direct Boardwalk, an additional 54.3 feet along Cedar Avenue Boardwalk, and generates $140, 000 annually under the existing NNN lease. Unit 3J offers an additional 16.1 feet of direct Boardwalk frontage and generates $50, 000 annually under the same lease terms and tenant. Unit 3k also features the iconic Coca-Cola sign, a well-known Wildwood Boardwalk landmarks, which generates an additional $15, 000 in annual income through a lease agreement with Coca-Cola. The owner is responsible for the sign's electricity, estimates at approximately $2, 500 annually. Together, the units generate $205, 000 in annual gross rental income, including the $190, 000 from Wally's Restaurant and $15, 000 from the Coca-Cola sign. At the combined asking price of $2, 813, 000, the property offers approximately a 7.27% return based on the current lease income and terms. A rare opportunity to acquire two contiguous Boardwalk units with strong frontage, established tenancy, and prominent visibility in the heart of the Wildwood Boardwalk.
MLS® Number262854
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway1 To 5 Spaces
Garage Spaces
HeatNo Heating
A/CCentral Air Conditioning, Wall Air Conditioning

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 5, 2026List Date
$2,813,000List Price
  • Commute

Commute

Starting Address
Destination Address
3400 Boardwalk, Wildwood, NJ

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