2 N Main Street, The Doctors Inn Cape May Court House, NJ 08210

$1,449,900
2 N Main Street, Cape May Court House, NJ 08210
180528

Commercial Property for sale in Cape May Court House, NJ

for $1,449,900 with 2 full baths. This building was built in 1854 on a lot size of 1.50AC.

Property Information

  • $1,449,900
  • 2 Full Baths
  • Commercial
  • Taxes are $23,318
  • Bed & Breakfast
  • Active
  • 3 Floors
  • Lot size of 1.50AC
  • Built in 1854
  • Cape May Court House, NJ
  • Cape May County
  • MLS/Web ID is 180528

 Virtual Tour

Description

The landmark historic Doctor's Inn at Kings Grant, a well-established bed and breakfast inn with unlimited potential for growth, is for SALE!!! Built in 1854 by civil war surgeon Dr. John Wiley this 3 story High Victorian/Italianate style home is quite literally a corner stone of significance in historic Cape May Court House (the county seat). Lovingly restored in 2005 by the owners who used only the finest materials, craftsmanship and furnishings. They placed their "total focus on maintaining and preserving the estates rich heritance, history and ambience". The Doctor's Inn today is a welcoming inn offering eight spacious guest suites ( totaling 10 bedrooms) all with private baths, eco-friendly fireplaces, beautifully decorated with period antiques, unique built-ins, and luxurious bedding. The main level features an entry foyer with original grand staircase, a formal parlor, sitting room, 30 seat dining room, large commercial kitchen with walk-in cooler, a buffet/service area plus a solarium/reading room with a small indoor pool. A wide back stair way leads to the lower level which has a wine cellar, owner's offices, laundry, extensive storage space, a caretaker's efficiency apartment, sauna and additional space for possible conference rooms and/or spa facilities. The property also offers a charming 3 story carriage house with the 2nd & 3rd floors featuring a very impressive 3 Bedroom/ 2 Bathroom Owner/Innkeeper /Rentable Apartment with an open and spacious living/dining/kitchen area, fireplace, impressive staircase, cathedral ceilings, 2 sliders to a 2nd floor semi-private deck plus an elevator from the ground to the 2nd floor. The 3rd floor highlights a graceful master bedroom suite with fireplace, private bath and walk-in closet. The carriage house also displays the original 1854 (totally restored) double carriage doors and a totally open 1st floor large area full of possibilities! Also, throughout the inn and carriage house is a treasure trove of stained and etched glass windows and doors along with beautifully restored and crafted built-ins, cabinetry and woodwork. Also included are superb antique furnishings, decorations and pictures throughout both properties that create a delightful journey back in time. Both buildings are ADA compliant. The Doctor's Inn also boasts over 40 parking spaces plus an expensive garden with gazebo, fountain, garden benches, small bridges, statues and arbors throughout its grounds. This remarkable in-town oasis offers the feel of the country, yet it is within minutes of the beautiful, white sand beaches of Stone Harbor, Avalon, Victorian Cape May and other popular South Jersey shore and mainland communities and attractions creating a year-round business draw for the inn. The Doctor's Inn also has potential for growth everywhere you look including the additional purchase of the property next door that will increase the lot parcel to slightly over 2 acres of prime land in the very center of town. The zoning here is vague and all encompassing, "Town / Business", which could lead to development of the north side of the full 2+ acre package (your due diligence here is very important). You could keep the Inn & Carriage House as lodging and possibly create a village type area on the north side of professional buildings, unique shops, townhouse clusters, additional lodging, create a true center of town/village and capture the summer tourist like Cape May or release your creative mind to many additional sources of income generating possibilities. Combining the 2 properties, 6 N. Main Street and 2 N. Main Street.

Interior 10

Appliances

  • Refrigerator
  • Security System / Alarm

Cooling System

  • Central Air

Flooring

  • Concrete Floors
  • Hardwood Floors
  • Partial Carpet

Furnished

  • Yes

Heating Source

  • Natural Gas

Heating System

  • Forced Air
  • Gas Hot Water Heat
  • Other

Interior

  • Ceiling Fans
  • Entertainment Center
  • Public Restroom
  • Smoke Alarm
  • Sprinkler
  • Storage

Room Features

  • Laundry/Utility Room

Sewer

  • City Sewer
  • Public Sewer

Water Source

  • City Water
  • Public Water

Exterior 5

Exterior

  • Pool
  • Security Lighting

Garage

  • Other

Lot Description

  • Other

Siding

  • Block Exterior
  • Concrete Siding

Zoning

  • Other

Miscellaneous 4

Accessibility

  • Handicap Features

Commercial

  • Fixtures/Furniture
  • Living Space Available
  • Office Space
  • Sign

Other

  • Equipment Included

Utilities

  • Electric 200+ Amps

† Excluded Feature

Listed By

Listing Agent: Hugh Merkle
Broker: BERKSHIRE HATHAWAY HS FOX & ROACH SH

2 N Main Street, The Doctors Inn, Cape May Court House, NJ, 08210 is a Commercial Property for sale at $1,449,900 with a lot size of 1.50AC. 2 N Main Street, The Doctors Inn has 2.0 baths and was built in 1854. The property's zip code is 08210 which is in Cape May Court House, NJ

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Pricing History

Date Price Price Change Description
7/20/2018 $1,449,900 -3.34 % Price Change
2/22/2018 $1,499,999 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Cape May Court House $527,896 64 % below $299,000 79 % below
Commerical listings in Cape May Court House $797,251 45 % below $499,900 66 % below
Sold listings in Cape May Court House $202,500 86 % below $196,500 86 % below

Get the facts about Cape May Court House, NJ!

Population 17,385
Population Growth (since 2000) 13 %
Median Income $66,419
Median Age 46.25
Households w/ Children 28 %

Residential Dwellings

  • Owned 5335
  • Vacant 1391
  • Rented 1171

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Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363