507 Washington St - Storefront Retail/Office FOR SALE


Cape May, NJ 08204
$699,000 USD
609-374-0325
507 Washington St, Cape May, NJ for Sale
$699,000 USD
Storefront Retail/Office - FOR SALE
1/13
null | Request Cap Rate

507 Washington St
Cape May, NJ 08204


OVERVIEW

Great opportunity to purchase this retail store located in "Liberty Way", a section of retail stores on the famous Washington Street Mall. Property is approximately 730 square feet with storage on the upper level. Store front offers large windows affording great exposure to sell your products. Currently operated by the seller as Arts & Crafts Store/ Coffee Shop, this store offers open floor plan allowing potential buyers to re-design or keep as offered. Zoned commercial with many permitted uses including retail, food & beverage, or office. Ready for the upcoming 2025 season! Real estate for sale. equipment and inventory may be included should buyer and seller agree on it. No business financials available. No owners financing offered. Condo info in associated documents. Condo Fee is approximately $2200/year total, paid in 3 instalment on 7/1, 8/1, 9/1

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$958 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

C-1

APN/PARCEL ID

02-01052-0000-00005-0000-C-106

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.