795 Route 109 Cape May, NJ 08204
- Gas stations
- 0.90 lot acres
Current Use by Public Records
- Gas stations
Property Details for 795 Route 109
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.90 lot acres
- Zone code
- GB
- Property type
- Gas stations
- APN
- 05 00793-0000-00011- 02-C-B
- APU
- 050079300000001102CB
Description
Exceptional opportunity to acquire a well-established, 100% occupied gas station and auto repair shop in Cape May, New Jersey. Located at 795 Route 109 Unit B, this turnkey operation includes real estate, business, and all fixtures, furniture, and equipment (FF&E). Situated on a 39,303 sq ft lot, the property boasts a prime location at the junction of Route 109, Ocean Drive, and Exit 0 of the Garden State Parkway, offering high visibility and convenient access. Built in 1993, the single-building property is zoned GB and operates as a commercial condominium (condo docs available). This high-volume business has been successfully managed for over twenty years and is now offered for sale due to the owners' retirement. Complete financial records are available to qualified buyers. The property is four miles from the nearest competitor (Super Wawa), ensuring a strong market position. This represents a rare chance to own a profitable, established business in a desirable coastal location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cape May
- County
- Cape May
- State
- New Jersey
- Longitude
- -74.9099
- Latitude
- 38.9657
- CBSA code
- 36140
- CBSA name
- OCEAN CITY, NJ METROPOLITAN STATISTICAL AREA
