728 Beach Avenue, Cape May NJ

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728 Beach Avenue, Cape May, NJ - Active

For Sale: $1,200,000

Beds: Baths:

Type: Commercial/Industrial

DOM: 12 Days

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PROPERTY DESCRIPTION

728 Beach Avenue Cape May, NJ A single-tenant commercial position directly on the Cape May Promenade. Beach Avenue is Cape May's oceanfront address the stretch where the beach, the Promenade, and the town's commercial life meet. Storefronts here trade on scarcity rather than square footage. There is a fixed amount of Promenade frontage and no mechanism to create more. The property is leased to an established confectionery operator under a term running through January 31, 2031, producing $50,596 annually with CPI escalations tied to the Philadelphia Wilmington Atlantic City index. Rent arrives in four seasonal installments, June through September, matching the market's operating rhythm. Real estate taxes are $6,427.93 (2025). For an investor, this is a clean, low-management holding on the most recognizable street in Cape May, with a defined rollover date and current rent that sits meaningfully below what comparable Promenade frontage commands. For an end user, January 2031 is a known path to occupancy on a corridor where waiting for space to open is otherwise the only option. Lease available upon request.

PROPERTY FEATURES

Heating:Gas Natural
Cooling:Central Air Conditioning

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ADDITIONAL PROPERTY PICTURES

Request Property Information - 728 Beach Avenue, Cape May NJ

For Sale: $1,200,000 | MLS Number: 262298

| DOM: 12 Days
Provided by: Hugh Merkle Company Realtors - www.HughMerkle.com

(Information Above Will Appear at the Top of the Email that is Sent to Hugh Merkle Company Realtors)


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Let Kim Leo Realty be your buyer agent for this listing. Listing is provided by HOFFMAN AGENCY. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.