221 Sunset Blvd - 219 221 Sunset 0.34 Acres of Commercial Land Offered at $2,492,838 CAD in Cape May, NJ 08204

Price Reduced! Multi-Class Prime Commercial Frontage in Cape May, New Jersey. A great deal just got better! Price reduced from $2.2 to $1.8. The "Mansion Tax" in New Jersey for contracts after July 10, 2025 are now the responsibility of the Seller and NOT the Buyer. Sensational Mixed-Use Opportunity in the hustle and heart of Cape May, NJ with Year-round business.
Welcome to 221 Sunset Boulevard in the highly sought after West Cape May, NJ! Price recently reduced from $2,200,000 to $1,800,000. The timing is right.
This is a Developer's and Investor's Dream in the C-3 Zoned Sunset Commercial District with the rare opportunity for Mixed-Use Development in the heart of Cape May. This 15,000sf lot with 100' frontage on Sunset Boulevard allows for the pursuit of three story development in Retail, Hotel/B&B, Mixed-Use Development, Affordable Housing, Residential, Restaurant /Brewery/Winery/other. All municipal requirements and variances will be the Buyer's responsibility.
Exceptional opportunity for Hotel and/or Condo Development. The three story Victorian home can be restored to prominence with great care for your Dream Estate Beach Property or for a stately B&B in an ideal tourist location. Further, the 15,000sf property has approval to be subdivided into three parcels to meet zoning requirements. (All municipal requirements and variances will be the Buyer's responsibility). Three 50'x100' Lots for this one price! (2 Lots with 50' frontage on Sunset Boulevard). Invest.
Nature lovers will be located directly across from vast preserved land owned by The Nature Conservancy assuring that serenity and potential ocean views will not be obstructed. This opportunity is in close proximity and centrally located to pristine Cape May beaches, Cape May Lighthouse and World War 2 Lookout Tower, the famous Washington Street Mall, Cape May City Rail Bus Terminal, Sunset Beach and a wide array of charming Restaurants and Taverns. The center of it all. A short drive takes you to the Cape May Zoo, Wineries, Golf, the Cape May-Lewes Ferry, and Atlantic City Casinos & Entertainment.
Property is currently zoned residential and located in the C-3 Commercial Zone. The purpose of the Sunset Commercial District is to encourage a high density, critical mass of commercial uses, preferably retail, leading to high pedestrian traffic. Residential units above commercial also provide a realistic opportunity for affordable housing. The existing house is required to be demolished or bonded as a condition of subdivision approval.
Not ready to Build or Develop? This rare opportunity will not come back. Purchase now and hold this investment for future plans.