33 E Mechanic Street

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33 E Mechanic Street

Cape May Court House, NJ 08210
Asking Price
$525K
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Traditional office building available for purchase in Cape May Court House.
  • Located at 33 E Mechanic Street within the regional county seat.
  • Property is listed for sale at a price of 524900 dollars.
  • Suitable for owner-occupants or investors seeking professional office space.
  • Positioned within an active local commercial and government service hub.

What's Special

This office property at 33 E Mechanic Street in Cape May Court House is currently for sale and suits investors or owner-occupiers seeking a functional workspace. As a traditional office asset, the building provides a professional environment well-suited for service-based businesses, administrative headquarters, or private practices. Located in the county seat of Cape May County, the site benefits from proximity to local government services and regional infrastructure in a growing suburban market. The Cape May Court House area maintains a steady local economy driven by healthcare, professional services, and government employment. The building's layout allows for versatile configuration, accommodating various business models looking to establish a footprint within the region. Investors will find this property serves as a stable addition to a commercial portfolio in a well-traveled corridor. Prospective buyers can leverage the accessibility of this location to serve clients across the broader peninsula while maintaining proximity to major thoroughfares connecting the shore communities.

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NOI
$80,000
Cap Rate
15.24%
DSCR
2.57
Strong
Cash-on-Cash
31.01%
Monthly Payment
$2,596.919
Annual Cash Flow
$48,836.974

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