728 Beach Avenue
Cape May, NJ 08204
List price
$1,200,000
$1,600 per sq ft
Overview
- Central Air Conditioning
- Heat: Gas Natural
About this home
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.
Features & amenities
Heating & Cooling
- Gas Natural
- Central Air Conditioning
Construction & Utilities
- City
Property details
Listing
- MLS #
- 262298
- Status
- Under Contract
- Property type
- Commercial/Industrial
- Class
- Commercial/Industrial
- Days on market
- 36
Interior
- Living area
- 750 sq ft (approx.)
Building
- New construction
- No
- Heating
- Gas Natural
- Cooling
- Central Air Conditioning
- Sewer
- City
Lot & Location
- Lot dimensions
- 3600
- Frontage
- 15 ft
- Location
- Beach Front,Boardwalk
- Area
- Cape May
- District
- 02-Cape May City
- Block / Lot
- 1000 / 38
Financial
- List price
- $1,200,000
- Annual taxes
- $6,428 (2025)
Map location not available for this property.
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.
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