501 Beach Avenue

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501 Beach Avenue

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 available for purchase in Cape May
  • Compact commercial footprint measuring 374 square feet
  • Strategically situated at 501 Beach Avenue in New Jersey
  • Prime location within a popular coastal tourist destination
  • Well-suited for boutique retail or small service businesses

What's Special

This 374 square foot retail storefront at 501 Beach Avenue in Cape May, New Jersey, presents a compact commercial space well-suited for niche operations. Situated in a prominent coastal destination, the property benefits from the seasonal tourism traffic and consistent foot flow that define the local economy. The site provides high visibility in a classic seaside environment, making it a functional selection for boutique retail, specialty services, or a small administrative office. As Cape May continues to serve as a primary regional draw for visitors and residents, this storefront offers a manageable footprint for a business looking to establish a presence within this established historic district. The layout allows for straightforward configuration to meet diverse operational needs while capitalizing on the area's ongoing commercial activity.

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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