Mixed-Use Property with Dual
New
For Sale
$6,000,000
504-506 Washington Street, Cape May, NJ 08204
COMMERCIAL/INDUSTRIAL, Cape May, NJ
Property Size5,400 SF
Lot Size0.10 Acres
Price / SF$1,111
Days on Market4
Property Features for 504-506 Washington Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
c-1
Subdivision
Cape May
Standard status
Active
Size
5,400 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
28362
Utilities
Heating system
Natural Gas
Cooling system
Central Air
Building Details
Number of units
5
Listing Agency:
HOFFMAN AGENCY
(609) 522-8177
Listed By:
Jackson VonSavage · License #1536347
(609) 827-9770
Added: Aug 19
Changed: Aug 20
Last Checked: Aug 22 at 12:06PM
MLS# 262303
Copyright © 2026 Cape May County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property brings together two Washington Street storefronts, upper-level office and support space, a residential apartment, and a separate bakery space at 510 Carpenter's Lane. The parcel contains approximately 5,400 square feet on 0.0964 acres, with 40 feet of combined Washington Street Mall frontage and additional access from Carpenter's Lane. Heating is provided by natural gas, with central air cooling.
The 504 Washington Street storefront measures approximately 20 by 80 feet and contains about 1,600 square feet of retail area. The neighboring 506 Washington Street space has the same 20-by-80 footprint. The rear bakery space measures 30 by 25.5 feet and has its own address and frontage. Zoning is C-1. Existing leases extend through December 2028, December 2029, and January 2029, with additional short-term occupancy in the office and residential portions.
The 504 Washington Street storefront measures approximately 20 by 80 feet and contains about 1,600 square feet of retail area. The neighboring 506 Washington Street space has the same 20-by-80 footprint. The rear bakery space measures 30 by 25.5 feet and has its own address and frontage. Zoning is C-1. Existing leases extend through December 2028, December 2029, and January 2029, with additional short-term occupancy in the office and residential portions.
Key Highlights
- Approximately 5,400 square feet on 0.0964 acres
- 40 feet of combined Washington Street Mall frontage plus Carpenter's Lane access
- Two 20‑by‑80‑foot Washington Street storefronts
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
955
Businesses Nearby
Explore this area
Business Placement
Demographics for 08204, NJ
17,090
Population
13,101
Households
1.3
Avg Household Size
54
Median Age
38%
College-Educated
95%
High-School Grad
20.5 sq mi
ZIP Area
834
Density / Sq Mi
$80,782
Median Household Income
$46,104
Median Earnings
$1,149
Median Rent
$399,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-tenant property combining retail, office, bakery, and residential space across two commercial corridors.
Where is this mixed-use property located?
The property is located at 504-506 Washington Street Cape May, NJ.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Approximately 5,400 square feet on 0.0964 acres; 40 feet of combined Washington Street Mall frontage plus Carpenter's Lane access; Two 20‑by‑80‑foot Washington Street storefronts
