West Cape May NJ Commercial for Sale
$5,000,000
110 Sunset West Cape May, NJ 08204
ADDITIONAL INFORMATION
A once-in-a-lifetime opportunity to own a highly popular, year-round restaurant three blocks from the beach in one of the hottest Mid-Atlantic shore towns. The restaurant was built in 2018 and offers interior dining, bar, retail and office space, outdoor seating and a liquor license, on a 180 x 89 possibly subdividable lot. The mercantile license is for 98 seats. The FEMA Flood zone is AE. 3940 square feet of interior commercial space. C-3 Sunset Commercial District. Restaurant is located at a former gas station, offering unrestricted use -- NFA letter attached. Public water, sewer, natural gas, 14 parking spaces, 2 private dining trailers and 2 ADA restrooms, server station, full-service commercial kitchen with Ansel system, walk-in cooler, full bar, retail section and second floor office area and employee restroom. Real Estate taxes are $18,312. Restaurant and bar contents transferring with sale, the name does not transfer.
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West Cape May Real Estate
The median home value in West Cape May, NJ is $1,625,000. This is higher than the county median home value of $613,600. The national median home value is $338,100. The average price of homes sold in West Cape May, NJ is $1,625,000. Approximately 35.76% of West Cape May homes are owned, compared to 5.48% rented, while 58.76% are vacant. West Cape May real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a West Cape May real estate agent to arrange a tour today!
West Cape May, New Jersey has a population of 1,017. West Cape May is more family-centric than the surrounding county with 26.02% of the households containing married families with children. The county average for households married with children is 25.39%.
The median household income in West Cape May, New Jersey is $81,023. The median household income for the surrounding county is $76,237 compared to the national median of $69,021. The median age of people living in West Cape May is 58.2 years.
West Cape May Weather
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 26.8 degrees. The average rainfall is approximately 44.3 inches per year, with 11.6 inches of snow per year.