107 Grant St

$6,500,000

About This Property

Great opportunity to own one of Cape May's iconic Historic Motels. The "Hotel Alcott" is now available for sale. This masterfully restored Italianate-bracketed Villa is located just steps to the beachfront and features 31 custom furnished guest rooms and suites, each of which has a unique size or shape and varying architectural features, but each has everything one needs to relax and unwind. Several have access to the ocean view front porch on the second floor. One enters this beauty to a expansive lobby and front desk. The winding stairs to the top two floors creates a picturesque setting not seen anywhere in Cape May. In addition, there is a 130 seat restaurant that has been one of Cape May's best kept secrets, which is capable of serving breakfast, lunch and dinner and is available for parties, weddings and special events. A charming open-air garden area offers room for cocktails, buffet or room for simply relaxing and taking in the quietude.A fully equipped commercial kitchen is well organized and can easily handle large events. A private owners quarters is also on-site. The first floor also provides an office, private library and laundry facilities.

Essential Information

MLS® #190645
Price$6,500,000
TypeCommercial/Industrial
Sub-TypeMotel
StatusACTIVE

Community Information

Address107 Grant St
AreaCape May
CityCape May
StateNew Jersey

Amenities

ViewWater View

Interior

HeatingMulti-Zoned
CoolingMulti-Zoned
# of Stories3

Interior Features

Living Space Available, Smoke/Fire Alarm

Exterior

ExteriorWood/Frame
Exterior FeaturesSign

Additional Information

Date ListedNovember 25th, 2019
Days on Market15
ZoningR-3

Listing Details

Office

Coldwell Banker Sol Needles Real Estate

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Chris Clemans Sotheby’s International Realty

1159 Washington Street PO Box 552
Cape May, NJ
08204

Office: 609.884.3332

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