NJ Beach Block Mixed Use Opportunity
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Prime Beach Block Mixed Use Investment Opportunity - Wildwood Crest, NJ
Exceptional 4,523 square foot mixed-use property located directly across from the beach at 5400 Ocean Ave in the heart of Wildwood Crest's premier tourist district. This irreplaceable beach block positioning at a signalized corner intersection ensures perpetual high demand and maximum visibility.
Property Features:
• First Floor: Turnkey restaurant/convenience store with over 30 years of consistent operating history
• Second Floor: Two residential units - 900 sq ft (3BR/1BA) and 790 sq ft (2BR/1BA) apartments
• Unobstructed ocean views from second floor units
• Total building size: 4,523 square feet
• Construction year: 1984
• Current real estate taxes: $7,380 annually
Investment Highlights:
• Prime beach block location with direct ocean access
• Diversified income potential from retail and residential units
• Established retail operation with three-decade track record
• Corner location at signalized intersection maximizes exposure
• Flexible ownership options - maintain as mixed-use investment or convert units to condominiums
• Tourist district location ensures strong seasonal demand
• Turnkey restaurant/convenience store ready for immediate operation or lease
This rare offering combines the stability of residential rental income with the high-revenue potential of beachfront commercial space. The property's strategic location in Cape May County's sought-after Wildwood Crest provides year-round appeal with peak summer tourist traffic.
The retiring seller has successfully operated this property for decades, demonstrating its proven income-generating capability. Whether maintained as a mixed-use investment, owner-operated business location, or converted to condominiums, this property offers multiple value-creation strategies.
Asking Price: $1,900,000 ($420 per square foot)
Reason for Sale: Owner retirement after successful long-term operation. This represents a unique opportunity to acquire an established beachfront asset in one of New Jersey's most desirable coastal markets.
Exceptional 4,523 square foot mixed-use property located directly across from the beach at 5400 Ocean Ave in the heart of Wildwood Crest's premier tourist district. This irreplaceable beach block positioning at a signalized corner intersection ensures perpetual high demand and maximum visibility.
Property Features:
• First Floor: Turnkey restaurant/convenience store with over 30 years of consistent operating history
• Second Floor: Two residential units - 900 sq ft (3BR/1BA) and 790 sq ft (2BR/1BA) apartments
• Unobstructed ocean views from second floor units
• Total building size: 4,523 square feet
• Construction year: 1984
• Current real estate taxes: $7,380 annually
Investment Highlights:
• Prime beach block location with direct ocean access
• Diversified income potential from retail and residential units
• Established retail operation with three-decade track record
• Corner location at signalized intersection maximizes exposure
• Flexible ownership options - maintain as mixed-use investment or convert units to condominiums
• Tourist district location ensures strong seasonal demand
• Turnkey restaurant/convenience store ready for immediate operation or lease
This rare offering combines the stability of residential rental income with the high-revenue potential of beachfront commercial space. The property's strategic location in Cape May County's sought-after Wildwood Crest provides year-round appeal with peak summer tourist traffic.
The retiring seller has successfully operated this property for decades, demonstrating its proven income-generating capability. Whether maintained as a mixed-use investment, owner-operated business location, or converted to condominiums, this property offers multiple value-creation strategies.
Asking Price: $1,900,000 ($420 per square foot)
Reason for Sale: Owner retirement after successful long-term operation. This represents a unique opportunity to acquire an established beachfront asset in one of New Jersey's most desirable coastal markets.
About the Property
- Type
- Retail
- Building Status
- Established
- Facilities & Assets
- Graystone Capital Advisors is pleased to exclusively present the fully outfitted turnkey
opportunity to acquire 5400 Ocean Avenue in Wildwood Crest, NJ
(the “Property”). The Property (4,523sf of improvements on 3,600sf
parcel) is located less than one block from the beach and
boardwalk, and is comprised of a ground-floor restaurant/convenience store commercial unit
with two residential apartments on the second floor - Location Description
- Close proximity to the beach and boardwalk, as well as its corner location at a signalized intersection, the Property’s second floor benefits from unobstructed ocean views. The second floor contains a 900-square foot, 3-bedroom / 1-bathroom apartment as well as a 790-square foot, 2-bedroom / 1-bathroom apartment. The first floor is a turnkey restaurant/convenience store
- Current and Prior Use
- turnkey restaurant/convenience store consistently operating history of over thirty years with 2 second floor apartment units
- Year Built
- 1984
About the Sale
- Furniture, Fixings and Equipment
- Included in Asking Price
- Current Property Expenses
- Real Estate Taxes $7380
Listing Info
- ID:
- 2448291
- Listing Views:
- 13
Attached DocumentsAttachment Disclaimer
5400 Ocean Avenue, Wildwood Crest, NJ - OM vf (compressed).pdf
Business Location
Listing ID: 2448291 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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