728 Beach Avenue, Cape May NJ | Keller Williams Jersey Shore

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728 Beach Avenue, Cape May, NJ - UNDER CONTRACT

For Sale: $1,200,000

Beds: Baths:

Type: Commercial/Industrial

DOM: 36 Days

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PROPERTY DESCRIPTION

728 Beach Avenue â€” Cape May, NJ A single-tenant commercial position directly on the Cape May Promenade. Beach Avenue is Cape May's oceanfront address â€” 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 Philadelphiaâ€“Wilmingtonâ€“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: 36 Days
Provided by: Keller Williams Jersey Shore - www.kwjerseyshorerentals.com

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