315 Ocean unit 11 Street

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315 Ocean unit 11 Street

Cape May, NJ 08204
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • Retail storefront located at 315 Ocean unit 11 Street
  • Property situated in the coastal city of Cape May
  • Asset type categorized as a retail storefront for sale
  • Market benefits from established seasonal tourism and local traffic
  • Well-suited for boutique retail or specialty commercial service businesses

What's Special

This retail storefront at 315 Ocean unit 11 Street presents a commercial space in the coastal city of Cape May, New Jersey. The property sits within a popular regional destination known for its historic charm and seasonal tourism economy, which supports consistent foot traffic throughout the warmer months. As a storefront unit, the asset is well-positioned to serve local residents and visitors alike, making it a functional choice for boutique retail, service-oriented businesses, or specialty goods. Cape May serves as a primary hub for commerce in southern New Jersey, benefiting from its established status as a seaside resort area. Investors and business owners will find this location offers visibility in a highly recognizable market environment. The layout provides the necessary infrastructure for standard retail operations, allowing for a variety of tenant configurations or owner-occupant uses that cater to the unique demographic of this Atlantic coastal community.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times