Pat Flynn Real Estate Agency
Call Today

601 Madison Avenue, Cape May

Active: $4,890,000

MLS: 231157   |   Bedrooms:    |   Bathrooms:    |   Type: Motel   |   DOM: 143 Days

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.

AMENITIES

  • Heating:Gas Natural   
  • Heating:Electric   
  • Heater:Gas  
  • Living Space Available  
  • Smoke/Fire Alarm  
  • Storage  
  • Cooling:Central Air Conditioning  
  • Cooling:Ceiling Fan  
  • Cooling:Wall Air Conditioning  
  • Cooling:Other (See Remarks)  
  • City  

PROPERTY LOCATION / MAP
Last Database Update: 09/23/2023 03:00:31

Let Patrick Flynn be your buyer agent for this listing. Listing is provided by deSatnick Real Estate LLC - Cape May. 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.
REQUEST INFORMATION
601 Madison Avenue, Cape May

For Sale: $4,890,000 / MLS: 231157

Beds: /
Baths: /
Motel

/
DOM: 143 Days
Content loaded.
Patrick Flynn Real Estate - North Wildwood New Jersey
Instagram   YouTube   Facebook 1200 New Jersey Avenue, North Wildwood Phone
HOME
RENTALS
CONTACT
SITE MAP
ADMIN
ABOUT
- Meet Pat Flynn
- Flynn Real Estate
- Testimonials
- Directions
SALES
- Featured Listings
- Search MLS
- Recently Sold
- List Your Property
CAPE MAY COUNTY
- Cape May
- The Wildwoods
- 7 Mile Island
- Sea Isle City
- Offshore Locations