609 Jefferson Street

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609 Jefferson Street

Cape May, NJ 08204
Asking Price
Contact for price
Asset Type
Commercial Mixed-use
Class
Class B

AI Property Summary

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

  • The property at 609 Jefferson Street is currently available for sale.
  • This commercial mixed-use building provides a total of 4,400 square feet.
  • Cape May is a well-known historic destination located in southern New Jersey.
  • The site suits a variety of professional or commercial business use cases.
  • Investors can secure a versatile asset in a prominent coastal market location.

What's Special

The mixed-use commercial property at 609 Jefferson Street in Cape May, New Jersey, is available for sale, presenting a functional acquisition for an investor or business owner. Encompassing 4,400 square feet, the building offers a flexible layout suitable for a range of commercial applications. The asset serves as a candidate for those seeking to capitalize on the coastal market dynamics of Cape May, which remains a prominent destination within the regional tourism and seasonal economy. Its central positioning within the town provides accessibility for both local residents and visitors who frequent this historic district throughout the year. The structure accommodates diverse business operations, allowing a purchaser to leverage the existing commercial footprint to serve current neighborhood demands. This site functions as an entry point for market participants interested in holding a versatile asset within an established New Jersey submarket.

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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

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