1228 Route 109 - Freestanding FOR SALE


Cape May, NJ 08204
$3,300,000 USD
609-374-0325
1228 Route 109, Cape May, NJ for Sale
$3,300,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

Jan '27


1228 Route 109
Cape May, NJ 08204


OVERVIEW

1228 Route 109 'On the Way to Cape May' after the big bridge sits Schellengers Landing of Lower Township. Quaint area recently updated with red brick sidewalks and pedestrian cross walks. Located in the Marina District where SJ Marina is directly across the street hosting some of the biggest fishing tournaments. At the end of the street is the Cape May Whale Watch. Surrounded by the most popular restaurants the Lobster House with the Raw Bar and Schooner, Lucky Bones, and Mayer's Tavern known for their scallops fresh off the boats. The Marina District is seeing lots of brand new development with townhouses in the 1.5 to 3.5m range. The building is over 6,000. sq. ft. With plenty of off street parking along with the driveway behind the building that stretches from 1st Ave. to 2nd Ave. The property has been many things in history: A hosiery factory, a machine shop, a dry dock boat repair, a marine supply business with a grocery and sandwich take out. The Antique shop has been a great tenant for the past 30+ years with over 70 vendors. There is a 2nd floor over part of the building that has a small office with kitchen and bath.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$550 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

05-00766-0000-00004

ASK ABOUT THIS PROPERTY

Carol MenzCoastline RealtyMore Info
609-374-0325

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Carol MenzCoastline RealtyMore Info
609-374-0325

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.