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407 Washington St Cape May, NJ 08204
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Key Details
Sold Price $3,000,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 580495
Sold Date 01/05/24
Style Commercial
Year Built 1970
Annual Tax Amount $16,464
Tax Year 2023
Property Description
EXCLUSIVE RARE OFFERING - Newer built 3-Unit Mixed Use Building For Sale on the CAPE MAY MALL. Properties on the mall rarely ever come onto the market. Building is approx 3,600 sq ft and consists of one large commercial unit and two recently renovated residential units on the 2nd floor. Property for sale is currently owned and operated by Henry's Jewelry and Apparel. The owners have been operating their business for almost 50 years, and they have owned the Cape May Mall property since 198. Their store is in a prime location in Cape May, center of Washington St Mall. The Cape May Mall property was originally built in 1970 (vs more than 100 year old other buildings). It sits on approximately 25x82 lot. There is also a spiral type staircase off back 2-bedroom residential unit which leads up to the rooftop overlooking the park. The retail space consists of the retail space; one small back office; one small “repair shop” room; and one employee bathroom. Call Now. Financially pre-qualified buyers only.
Location
State NJ
County Cape May
Community Cape May
Area Cape May City
Location Details Business District,Inside,Island,Mall
Rooms
Basement Crawl Space
Interior
Interior Features Display Windows, Restroom, Security System, Smoke/Fire Alarm, Storage
Heating Forced Air, Gas-Natural
Exterior
Exterior Feature Security Light/System
Parking Features None
Roof Type Asphalt,Flat,Pitched
Building
Sewer Public Sewer
Water Public
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