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Highlights

  • Located at Cape May’s highest traffic retail intersection, Washington Street and Ocean Street.
  • Premier visibility to resident shoppers and seasonal visitors delivering peak summer demand.
  • Co-anchored by a grocery tenant with a long-term lease extending beyond 2040.
  • Accessible to Delaware and the Delmarva Peninsula via the Cape May-Lewes Ferry.

Space Availability (3)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 2A
  • 1,000 SF
  • Negotiable
  • $56.66 CAD/SF/YR $4.72 CAD/SF/MO $56,659 CAD/YR $4,722 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Units 2A and 2B can be combined for a ±3,500 SF contiguous block.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 3,500 SF of adjacent space
  • 1st Floor, Ste 2B
  • 2,500 SF
  • Negotiable
  • $56.66 CAD/SF/YR $4.72 CAD/SF/MO $141,648 CAD/YR $11,804 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Units 2A and 2B can be combined for a ±3,500 SF contiguous block.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 3,500 SF of adjacent space
  • 1st Floor, Ste 3
  • 3,500 SF
  • Negotiable
  • $56.66 CAD/SF/YR $4.72 CAD/SF/MO $198,307 CAD/YR $16,526 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • Space is in Excellent Condition
Space Size Term Rental Rate Rent Type
1st Floor, Ste 2A 1,000 SF Negotiable $56.66 CAD/SF/YR $4.72 CAD/SF/MO $56,659 CAD/YR $4,722 CAD/MO Triple Net (NNN)
1st Floor, Ste 2B 2,500 SF Negotiable $56.66 CAD/SF/YR $4.72 CAD/SF/MO $141,648 CAD/YR $11,804 CAD/MO Triple Net (NNN)
1st Floor, Ste 3 3,500 SF Negotiable $56.66 CAD/SF/YR $4.72 CAD/SF/MO $198,307 CAD/YR $16,526 CAD/MO Triple Net (NNN)

1st Floor, Ste 2A

Size
1,000 SF
Term
Negotiable
Rental Rate
$56.66 CAD/SF/YR $4.72 CAD/SF/MO $56,659 CAD/YR $4,722 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Units 2A and 2B can be combined for a ±3,500 SF contiguous block.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 3,500 SF of adjacent space

1st Floor, Ste 2B

Size
2,500 SF
Term
Negotiable
Rental Rate
$56.66 CAD/SF/YR $4.72 CAD/SF/MO $141,648 CAD/YR $11,804 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Units 2A and 2B can be combined for a ±3,500 SF contiguous block.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 3,500 SF of adjacent space

1st Floor, Ste 3

Size
3,500 SF
Term
Negotiable
Rental Rate
$56.66 CAD/SF/YR $4.72 CAD/SF/MO $198,307 CAD/YR $16,526 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • Space is in Excellent Condition

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at New York Cafe

  • Tenant
  • Description
  • US Locations
  • Reach
  • ACME
  • Supermarket
  • 160
  • Regional
  • Dog Days Of Cape May
  • Public Administration
  • 1
  • -
  • Lili's Massage
  • Services
  • 1
  • -
  • Stitch By Stitch
  • Art/Crafts
  • 1
  • -
  • Victorian Walk Gallery
  • Retailer
  • 1
  • -
Tenant Description US Locations Reach
ACME Supermarket 160 Regional
Dog Days Of Cape May Public Administration 1 -
Lili's Massage Services 1 -
Stitch By Stitch Art/Crafts 1 -
Victorian Walk Gallery Retailer 1 -

Property Facts

Total Space Available 7,000 SF
Max. Contiguous 3,500 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 23,607 SF
Year Built 1998
Parking Ratio 3.61/1,000 SF

About the Property

Washington Commons provides an outstanding retail opportunity in the heart of Cape May’s Historic Preservation District. Located at the intersection of Washington Street and Ocean Street, this center draws consistent visitor and resident traffic throughout the year. The property offers flexible retail suites with the ability to combine Units 2A and 2B for a contiguous layout, conveniently positioned in the east wing near heavy pedestrian flows. This center capitalizes on Cape May’s year-round tourism economy and strong local base. Tenants benefit from the long-standing presence of an established grocery anchor with co-tenancy options secured through 2043, ensuring stable foot traffic. Nearby attractions include the Cape May-Lewes Ferry and iconic Victorian landmarks that contribute to steady demand from tourists, day-trippers, and local residents alike. With direct access to major downtown corridors and proximity to hospitality venues, municipal buildings, and notable beachfront destinations, Washington Commons offers unmatched consumer visibility and connectivity.

  • Security System
  • Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Oceanfirst Bank
PNC Bank
  • Listing ID: 41243429

  • Date on Market: 2026-07-10

  • Last Updated:

  • Address: 315 Ocean St, Cape May, NJ 08204

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