$1,100,000
$1,325,000
17.0%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 04/16/2026
Key Details
Sold Price $1,100,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 253408
Sold Date 04/16/26
Year Built 1967
Annual Tax Amount $7,631
Tax Year 2024
Lot Dimensions 9,601
Property Sub-Type Mixed Use
Property Description
Mixed-use property featuring a 50-seat restaurant, operated as take-out only for the past few years, along with a 4-bedroom, 1-bath second-floor apartment, situated on an 80' x 120' lot. Located within the B-1 Mixed Use district, zoning permits residential use only on the second floor along New Jersey Avenue, offering strong flexibility for commercial operations on the first floor. The rear portion of the lot may offer subdivision potential for a single-family home, subject to borough review and approvals, creating an additional investment or development pathway. This property presents an excellent opportunity for investors, builders, or owner-users seeking immediate commercial income with future redevelopment upside. Buyer responsible for all due diligence and for obtaining any and all borough approvals for intended use and subdivision possibilities.
Location
State NJ
County Cape May County
Area Wildwood Crest
Zoning B-1
Rooms
Other Rooms Office Space Avail, Public Restroom
Interior
Interior Features Fire Sprinkler System, Living Space Available, Restroom, Smoke/Fire Alarm, Storage
Hot Water Electric
Heating Gas Natural
Cooling Central Air Conditioning
Exterior
Exterior Feature Storage Building
Parking Features 11 Or More Spaces, Off Street, Paved
Building
Story 2
Sewer City
Water City
Structure Type Brick Face
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