North Cape May, NJ 08204,756 Route 9
North Cape May, NJ 08204,756 Route 9
North Cape May, NJ 08204,756 Route 9
North Cape May, NJ 08204,756 Route 9
North Cape May, NJ 08204,756 Route 9
North Cape May, NJ 08204,756 Route 9
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$6,000,000

$6,000,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

1 Bath


SOLD DATE : 10/04/2024

Key Details

Sold Price $6,000,000

Property Type Commercial

Sub Type Motel

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 241578

Sold Date 10/04/24

Annual Tax Amount $22,566

Tax Year 2022

Lot Dimensions 360 x 400

Property Sub-Type Motel

Property Description

An amazing opportunity awaits, where all the construction and infrastructure has been renovated for you on this amazingly large parcel of land. Cape Cottage Inn, the site completely re-imagined and recreated like new, between 2018 and 2020 by the current owner/builder. Being sold as a complete package to include a Motel completely renovated (foundation and some studs may be original) and furnished to include 17 year-round Motel Rooms one is a larger 2 bedroom suite and a rental office with coffee lounge and half bath for guests. 17 new year-round Cottages located on winding brick pathways with lush landscaping and reproduction lights similar to the gas lamps of old (totally renovated to be like new and on attached footings individual utilities). 2 of the Cottages are two bedrooms. A stunning new pool with waterfall feature and large, gorgeous lounge area surrounding the pool with lounge chairs, tables, and a relaxing atmosphere. 2 free standing homes in the rear included. The entire parcel being sold is approximately 3.5 acres. Amazing location with vacationers from the Ferry exiting and traveling next to your property, Vacationers traveling south on Route 9 along the north side of the property, the bike and walking path at the rear of the property, Cold Spring Village just a few properties over and in the immediate vicinity of The Cape May area beaches, Cape May, West Cape May, North Cape May and the Ferry and Delaware Bay Beaches. The boat yards, Lobster House, Luck Bones to mention a few local hot spots. Diamond Beach and the Wildwoods a very short drive. Extraordinary warm feel and the renovation and entire property is well received and spoken of by guests. The potential has been untapped, but all the hard work done so let your imagination run wild as this can be an amazing destination resort and has just begun to explore its potential. There are storage areas, 2 pool bathrooms, linen rooms, laundry room and more. See attached information for a bit more.

Location

State NJ

County Cape May County

Area North Cape May

Zoning MH

Location Details Mainland

Rooms

Other Rooms Laundry Room, Utility Room, Public Restroom

Interior

Interior Features Handicap Features, Living Space Available, Restroom, Storage

Hot Water Electric, Gas

Heating Gas Natural, Electric, Forced Air, Heat Pump, Multi-Zoned, Space/Wall/Floor

Cooling Ceiling Fan, Multi-Zoned

Flooring Linoleum/Vinyl

Exterior

Exterior Feature Swimming Pool, Storage Building, Sign, Fence

Parking Features 11 Or More Spaces, Off Street, One Per Unit Motel/Hotel, Other (See Remarks)

Building

Lot Description Mainland

Story 2

Sewer Septic

Water Well

Structure Type Block,Other (See Remarks)

Others

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

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Listed by COASTLINE REALTY, LLC
Bought with COASTLINE REALTY, LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(609) 778-8070

matt@avalonsales.com

2789 Dune Drive, Avalon, NJ, 08202

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