Property Listing No Longer Available for Sale

107 Grant Street, Cape May, NJ

Others for Sale - $4,750,000


Property Info

CIMLS#1063501
Location
  107 Grant Street
  Cape May NJ 08204
UpdatedMay 7th, 2021
TypeOthers
Price$4,750,000

Property Description

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.


Financials



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