3000 Pacific, Wildwood, NJ 08260
sale
$1,790,831
|
Other
Courtesy Of RE/MAX Main St Realty
Exceptional mixed-use investment opportunity in the heart of Wildwood s rapidly expanding redevelopment corridor! This turn-key commercial portfolio offers incredible cash flow potential with seven possible income streams, making it the perfect opportunity for investors, developers, or business owners looking to diversify and expand their portfolio. Located within the Wildwood Redevelopment Zone, this unique property may provide additional redevelopment incentives and long-term upside potential. Situated on a large 90 x 120 lot, the property features approximately 4,800 square feet of retail/commercial space, a detached garage with second-floor space, a rear parking area, and an additional income-producing cottage currently operating as a successful Airbnb. Current income-producing tenants include: 3000 Pacific Ave Kulb Design (T-Shirt Shop) Lease Term: 1/1/2026 12/31/2027 Current Rent: $1,750/month 3002 Pacific Ave White Star Linens Lease Term: 4/15/2025 4/15/2027 Current Rent: $1,500/month 3004, 3006 & 3008 Pacific Ave Killing Sword Corp. (Tattoo Shops) Lease Term: 1/1/2026 12/31/2027 Current Rent: $1,150/store/month through 12/31/2026 Increasing to $1,250/store/month beginning 1/1/2027 Detached Garage at 3008 Pacific Ave Currently vacant with projected rental income of approximately $500 $700/month 3008 Pacific Ave Cottage Successful Airbnb producing $26,924 in 2025 Major capital improvements have already been completed, including all new exterior storefronts (2023), new electric and plumbing (2022), new HVAC systems, doors, windows, drywall, and interior paint (2022), plus a new roof installed in 2021. Additional site work was completed in 2022, including upgraded water, sewer, separate water meters in each unit and electric infrastructure. Positioned within Wildwood s growing business district and surrounded by residential and mixed-use development, this property offers immediate cash flow with significant long-term redevelopment and appreciation potential. Serious inquiries only. Financials and additional details available upon request.
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Property Features
- Architecture Style: Other
- Building Units: 8
- Cooling System: Electric
- Cooling System: Central Air
- Heating System: Natural Gas
- MLSID: 261208
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