660 S Washington Street

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660 S Washington 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 property located in Cape May, New Jersey.
  • Unit features a compact total area of 675 square feet.
  • Positioned on South Washington Street with established pedestrian access.
  • Suitable for boutique retail, service-based businesses, or specialty shops.
  • Located within a prominent coastal tourist and residential market.

What's Special

Cape May serves as a prominent coastal destination in New Jersey, characterized by its historic appeal and consistent seasonal tourism traffic. This 675-square-foot retail storefront at 660 S Washington Street sits within the heart of this active regional market. The property provides a compact footprint suitable for boutique retail operations, specialty service providers, or a local gallery needing high visibility within a pedestrian-friendly environment. Commercial activity in the area benefits from strong year-round residential engagement coupled with substantial surges in visitors during warmer months. Business owners looking to establish a presence in a classic shore town will find this location offers proximity to established local commerce and dining corridors. The storefront is positioned to capture walk-in trade from both residents and tourists exploring the downtown district.

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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