GET OUR
MOBILE APPS

#1 in Ocean City real estate transactions

For Sale 601 Madison, Cape May, NJ, 08204

My Favorites
  • OVERVIEW
  • DESCRIPTION
  • FEATURES
  • MAP
  • REQUEST INFORMATION
601 Madison, Cape May, NJ, 08204 Main Picture 601 Madison, Cape May, NJ, 08204 Aditional Picture601 Madison, Cape May, NJ, 08204 Aditional Picture601 Madison, Cape May, NJ, 08204 Aditional Picture601 Madison, Cape May, NJ, 08204 Aditional Picture601 Madison, Cape May, NJ, 08204 Aditional Picture601 Madison, Cape May, NJ, 08204 Aditional Picture601 Madison, Cape May, NJ, 08204 Aditional Picture601 Madison, Cape May, NJ, 08204 Aditional Picture601 Madison, Cape May, NJ, 08204 Aditional Picture601 Madison, Cape May, NJ, 08204 Aditional Picture601 Madison, Cape May, NJ, 08204 Aditional Picture601 Madison, Cape May, NJ, 08204 Aditional Picture601 Madison, Cape May, NJ, 08204 Aditional Picture601 Madison, Cape May, NJ, 08204 Aditional Picture601 Madison, Cape May, NJ, 08204 Aditional Picture

601 Madison, Cape May, NJ, 08204

$4,890,000

  • Motel

  • 0

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.

Listing courtesy of: deSatnick Real Estate LLC - Cape May
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Cape May Multiple Listing Service. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed to be accurate but not guaranteed. Copyright Cape May Multiple Listing Service. All rights reserved.
Total Rooms
Full Bath
# of Stories 1
Year Build
Lot Size
Tax 11957.00
SQFT
ExteriorBlock
ParkingGarage11 Or More Spaces, Off Street, One Per Unit Motel/Hotel, Paved
InteriorFeaturesLiving Space Available, Smoke/Fire Alarm, Storage
CoolingCeiling Fan, Central Air Conditioning, Other (See Remarks), Wall Air Conditioning
WaterCity
Bedrooms 0
Half Bath
# of Stories 1
Lot Dimensions 125x145
# Units
Tax Year 2021
Area Cape May
OutsideFeaturesOther (See Remarks), Sign, Storage Building, Swimming Pool
OtherRoomsLaundry Room, Shower Room(s), Utility Room
HeatingElectric, Gas Natural
HotWaterGas
SewerCity
Please Check Box below.

Nearby Listings

This is a one in a lifetime opportunity to own a Cape May Motel with 42 rooms, a pool and parking 6 blocks from Cape May’s beautiful beaches, walking distance to town and shopping, a bike ride to all places and events that Cape May is famous for. The Madison Avenue Beach Club is a premier location for your Cape May vacation needs with pet friendly accommodations. The Madison Avenue Beach Club Motel invites you to be their guest and come stay in the heart of Victorian Cape May. This centrally located Cape May Motel showcases studios with free Wi-Fi, a DVD player and flat-screen TV. Clean neat, tiled rooms with split system air conditioning and heat with 11 suites, 31 studio rooms an office and in house laundry room. Since 1941, the Demutis family has been vacationing in Cape May and has considered it a second home. Personal and professional ties to the community are strong. Recognized in Pennsylvania as leading redevelopment and revitalization real estate developers, the 3rd generation of Demutis builders boast a wide range of experience with both new construction and renovation. Their projects are often featured in the press, most notably, the Philadelphia Inquirer, the Philadelphia Business Journal, the Cape May Star & Wave, and the Atlantic City Press. You will not be disappointed in the condition of The Madison Beach Club facility. Plenty of parking and if you should decide to Condo the property in the future, we have those documents mostly finished to make the transition an easy success. Appointment only as this is a busy Motel, fully operational and in a busy year-round community.

Property 2

605 Madison, Cape May

  • 0

  • $10500000

This currently under construction Cape May home is just a short walk to the beach and offers water views of the pond at Kiwanis Park. Designed by a renowned local builder, this 5 BR/4.5 BA home will be a masterpiece of design and craftsmanship. The first floor will consist of vaulted ceilings in the spacious great room highlighted with a gas fireplace. Other prominent first floor features include 9 ft. ceilings, a top-of-the line chef’s kitchen with island, a dining area, a primary suite with private bath, a half bath, a laundry room, and an entrance to the one car garage. The great room will have two sets of sliders opening to the fabulous backyard with paver hardscaping and views of the park, pond and tennis courts. The second floor will feature a large primary bedroom with a walk-in closet, in suite bath & a private deck overlooking the backyard, 2 additional bedrooms each with their own baths, a 5th bedroom or office, and a large room to accommodate a 6th bedroom, a work out area or additional family room space. Finishes include hardwood flooring, carpeting in bedrooms, high end trim package, shaker cabinetry, quartz countertops, recessed lighting, stainless appliances, on demand hot water, dual zone heat /air, irrigation and landscaping. The location offers easy access to downtown and the beaches. Contact agent for spec sheet and list of completed properties by this builder.

Property 2

1031 Michigan, Cape May

  • 5

  • 4.1

  • $1999000