409 Elmira Street

$175,000

About This Property

An opportunity to run your own food business in downtown Cape May! "The Depot" is a longstanding fixture for Cape May locals and visitors alike. The current owners have lovingly and painstakingly rebuilt the Depot brand which has become synonymous with an appealing menu, quality ingredients, and a much needed casual vibe for the Cape May center. Located only one block to the Washington Street Mall, the Depot is being offered turn-key including equipment, furniture, fixtures, menu/recipes, and goodwill. In the FIRST 12 operating months of business the Depot has generated almost $170,000 in revenue! Coupled with an affordable lease in a central and desirable area the future owners will be set for success! This location features inside AND al fresco dining, food delivery, and catering. Parking is also available on site. New additions include updated branding and marketing, equipment, additional food storage, and improved spaces for diners. Due to evolving careers and new opportunities the current owners must part ways with a business they love, so now is your chance! Sellers are willing to offer training/transition period so the new owners are comfortable and ready to have the baton passed over. Call for a private showing or ask your agent about more specific information on this Cape May business opportunity.

Essential Information

MLS® #188560
Price$175,000
Year Built1980
TypeCommercial/Industrial
Sub-TypeBusiness Opportunity
StatusACTIVE

Community Information

Address409 Elmira Street
AreaCape May
CityCape May
StateNew Jersey

Interior

Interior FeaturesRestroom
HeatingSpace/Wall/Floor
CoolingOther (See Remarks)
# of Stories1

Exterior

ExteriorBlock
Exterior FeaturesStorage Building

Additional Information

Date ListedJuly 10th, 2019
Days on Market11
ZoningBusiness

Listing Details

OfficeHOMESTEAD REAL ESTATE C0. INC.

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Chris Clemans Sotheby’s International Realty

1159 Washington Street PO Box 552
Cape May, NJ
08204

Office: 609.884.3332

Chris Clemans | Sotheby's Realty International
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