Multi-Tenant Retail
For Sale
$6,000,000
513 Washington Street, Cape May, NJ 08204
COMMERCIAL/INDUSTRIAL, Cape May, NJ
Property Size8,750 SF
Lot Size13.81 Acres
Price / SF$685.71
Days on Market36
Property Features for 513 Washington Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
c-1
Subdivision
Cape May
Standard status
Active
Size
8,750 SF
Lot size
13.81 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
26838
Utilities
Heating system
Natural Gas
Cooling system
Central Air
Building Details
Number of units
3
Listing Agency:
HOFFMAN AGENCY
(609) 522-8177
Listed By:
Jackson VonSavage · License #1536347
(609) 827-9770
Added: Aug 19
Changed: Sep 2
Last Checked: Sep 23 at 4:06PM
MLS# 262299
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 Cape May retail property is a substantial masonry block building with three separate mercantile commercial tenancies and three licenses in place. The front portion extends across three levels, with upper floors arranged as office space. A two-bedroom layout occupies the second floor of the rear section, creating a mix of commercial and upper-level configurations within the building.
Located at 513 Washington Street along the Washington Street Mall, the property sits within Cape May’s pedestrian-oriented retail corridor. The building is served by natural gas heat and central air conditioning. Upper-floor layouts and any future changes to the property would remain subject to applicable municipal approvals and historic district review.
Located at 513 Washington Street along the Washington Street Mall, the property sits within Cape May’s pedestrian-oriented retail corridor. The building is served by natural gas heat and central air conditioning. Upper-floor layouts and any future changes to the property would remain subject to applicable municipal approvals and historic district review.
Key Highlights
- Three mercantile licenses in place
- Three separate commercial tenancies
- Masonry block construction
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
955
Businesses Nearby
Under-served
Demand for This Use
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
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Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Wild&Crafted — 120 Park Blvd, Cape May, NJ 08204
Frequently Asked Questions
What type of property is this?
Storefront property - Masonry construction with multiple commercial occupancies and upper-level office and residential-style layouts.
Where is this storefront property located?
The property is located at 513 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: Three mercantile licenses in place; Three separate commercial tenancies; Masonry block construction
