Restaurants

Cape May, NJ Restaurants for Sale

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Erma, NJ Wildwood Crest, NJ Wildwood, NJ Rio Grande, NJ Villas, NJ West Wildwood, NJ North Wildwood, NJ Green Creek, NJ
Masonry Storefront Property
Updated: Aug 19
Masonry Storefront Property

502 Washington Street, Cape May, NJ 08204

$6,000,000
3,683 sqft 0.07 AC lot
3,683‑square‑foot masonry building constructed in 1928
Ground‑floor storefront plus rear commissary kitchen
Unfinished second floor with additional volume above the ceiling
Position at the head of the Washington Street Mall
Zoned c‑1 on 0.0699 acres
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Masonry Storefront with Expansion Volume
Updated: Aug 25
Masonry Storefront with Expansion Volume

502 Washington, Cape May, NJ 08204

$6,000,000
Masonry commercial building at 502 Washington Street, Cape May, NJ 08204
Ground‑floor storefront on the Washington Street Mall
Rear commissary kitchen provides a second leased component
Unfinished second floor with additional volume above the drop ceiling
Distinctive architectural character in a pedestrian retail corridor
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Cape May, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Boardwalk NNN Retail Property
Boardwalk NNN Retail Property

3400 Boardwalk, Wildwood, NJ 08260

$2,099,000
3,846 sqft 1.12 AC lot

Located across from Mariner’s Pier with frontage along two boardwalk corridors.

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Boardwalk Restaurant Unit
Boardwalk Restaurant Unit

3400 Boardwalk, Wildwood, NJ 08260

$714,000
692 sqft 1.12 AC lot

Boardwalk-facing restaurant unit with an existing NNN lease and central air.

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Equipped Coffee Shop Business
Equipped Coffee Shop Business

1804 BAYSHORE Road, Villas, NJ 08251

$80,000

Commercial food-service equipment supports cafe, sandwich, pizza, and takeout concepts, subject to applicable approvals.

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Turnkey Coffee Shop Business
Turnkey Coffee Shop Business

1804 Bayshore Road, Villas, NJ 08251

$80,000

Established food-service setup with commercial cooking, refrigeration, beverage, and point-of-sale equipment in place.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land with Rental Income Potential
Land with Rental Income Potential

1021-1025-1029 S 47 Route lot: 37,38,36, Rio Grande, NJ 08242

$1,299,900

Large parcel zoned for business with existing rental income.

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Commercial Land Near New Hospital
Commercial Land Near New Hospital

34911 BURBAGE Rd, Frankford, DE 19945

$750,000

C1 zoned land suitable for various commercial uses.

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Off-Market Properties in Cape May, NJ

Consider similar Off-Market properties in Cape May, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

991 Ocean Dr
RESTAURANT

991 Ocean Dr, Cape May, NJ 08204-1855

$355,000
Estimated value
0.48 AC lot
View details
1212-1216 Rte 109th, Unit 1216
BAR, TAVERN

1212-1216 Rte 109th, Cape May, NJ 08204-5221

Unit 1216
$365,000
Estimated value
0.36 AC lot
View details
3729 Bayshore Rd
RESTAURANT

3729 Bayshore Rd, Cape May, NJ 08204-3553

$425,000
Estimated value
1.91 AC lot
View details

Cape May, NJ Restaurants Market Trends and Statistics

Explore 5 restaurants for sale in Cape May, NJ on our real estate platform. These investment opportunities span a total of 3,683 square feet of properties for sale, with an estimated market value of $12,000,000.

Sale prices for restaurant properties in Cape May, NJ average $6,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial kitchens 2

Demographics Overview

Population 17K
Population Growth (5Y) -9.2%
Median Household Income $80,782
College Educated 50.3%

High-Yield Neighborhoods for Investment

Identify Cape May submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
08204 $6M

Taxes & Financing

Tax Rate (average for all types) 1.30%
Property Tax per SF $10.94 per SF
Tax Rate vs County Average 0.33 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cape May County

New Delisted

Total CRE Inventory on Market (SF)

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