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423 E Magnolia Ave 8,600 SF 100% Leased Retail Building Wildwood, NJ 08260 $1,504,470 CAD ($174.94 CAD/SF)
Executive Summary
Spacious two-story commercial property just steps away from the water, boardwalk, piers, and countless attractions. Formerly home to one of Wildwood’s most iconic restaurants, Groff’s, the building has been fully gutted and cleaned, providing a blank canvas for a new owner’s vision. Opportunities like this are rare, so schedule your showing today and make it yours!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,600 SF
Building Class
C
Year Built
1937
Price
$1,504,470 CAD
Price Per SF
$174.94 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.97
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
BRZ - Commercial.
Frontage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Nino's Family Restaurant
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Nino's Family Restaurant | Retailer | - | - | - |
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
20/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-00238-0000-00012 | Improvements Assessment | $382,082 CAD |
| Land Assessment | $220,347 CAD | Total Assessment | $602,428 CAD |
Property Taxes
Parcel Number
14-00238-0000-00012
Land Assessment
$220,347 CAD
Improvements Assessment
$382,082 CAD
Total Assessment
$602,428 CAD
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423 E Magnolia Ave
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