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Atlantis Realty    
5602 New Jersey Avenue    
Wildwood Crest, NJ 08260    
3844 Bayshore Road    
North Cape May, NJ 08204    

Email: info@AtlantisNJ.com    
 Wildwood Crest: 609-522-8000   
     North Cape May: 609-886-7777   



 
601 Madison Avenue | Cape May
$4,890,000

    Bedrooms:

    Full Baths:

    Type: COMMERCIAL/INDUSTRIAL

    MLS # 231157

Remarks:

Amazing opportunity to own a top-rated small business in one of the Nation's most idyllic coastal communities. The Blue Fish Inn is a classic, mid-century 12 room motel that has been meticulously maintained and continuously updated by its current onsite owner. Located just 6 blocks from the Cape May beaches and the popular Washington Street Mall, the Blue Fish Inn is conveniently situated in a quiet, residential neighborhood. This opportunity includes 12 ground level rooms, a spacious 2-bedroom owner/manager apartment, heated pool, beautifully landscaped grounds, a well-appointed private courtyard, ample storage space with an oversized 2 car garage. Currently operated 11 months out of the year, the Blue Fish Inn is truly an impressive turnkey business. There are 3 classes of rooms- 3 Full Kitchen Suites, 5 Two Room Suites, and 4 Standard Rooms. Every room has been outfitted with stylish, low maintenance Bahama shutters, flat screen TVs, new flooring/carpeting and new vanities. All rooms are independently climate controlled. Mini-split systems, re-glazed tubs and new gas cook tops in the Full Kitchens are just some more examples of the numerous upgrades. The 2-bedroom, 1.5-bathroom apartment has been updated with central air/heat, renovated full bath, new carpeting and paint, and 2 washers/2 dryers. The rear courtyard presents additional amenities to this quaint property, including sitting areas, grills, an outside shower with changing area, bike rack, laundry room with coin-op machines, ice maker and clothesline. A beautiful exterior renovation was just completed this spring. Other notable updates are new flat roof (4 yrs.), new pitched roof over apartment (-1 yr.), 3 new water heaters (3 yrs.) and new windows throughout property. The heated pool has been re-plastered, and an automatic chlorinator has been installed to simplify daily maintenance. Don't miss the opportunity to own this #1 rated, well established, Cape May business.


PROPERTY FEATURES

  * LOCATION
      Island

  * EXTERIOR
      Block

  * EXTERIOR FEATURES
      Swimming Pool
      Storage Building
      Sign
      Other (See Remarks)

  * PARKING
      11 Or More Spaces
      Off Street
      Paved
      One Per Unit Motel/Hotel

  * INTERIOR FEATURES
      Living Space Available
      Smoke/Fire Alarm
      Storage

  * SPECIALTY ROOMS
      Laundry Room
      Utility Room
      Shower Room(s)

  * AVAILABLE
      Equipment
      Fixtures
      Furnishings
      Income Expense Info
      Living Space

  * HEATING
      Gas Natural
      Electric

  * COOLING
      Central Air Conditioning
      Ceiling Fan
      Wall Air Conditioning
      Other (See Remarks)

  * WATER
      City

  * SEWER
      City

  * HOT WATER
      Gas

  * TYPE
      Motel

                 

                 

                 



LET ATLANTIS REALTY BE YOUR BUYER AGENT FOR THIS LISTING.
LISTING IS PROVIDED BY deSatnick Real Estate LLC - Cape May or CAPE MAY COUNTY MLS. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement.

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.


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Atlantis Realty      
5602 New Jersey Avenue      
Wildwood Crest, NJ 08260      
3844 Bayshore Road      
North Cape May, NJ 08204      

Email:info@AtlantisNJ.com      
 Wildwood Crest: 609-522-8000      

 North Cape May: <609-886-7777           



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