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622 Main St 2,600 SF Retail Building Avon By The Sea, NJ 07717 $1,995,000 ($767.31/SF) 4.50% Cap Rate
Executive Summary
Live, work, invest in beautiful Avon-by-the-Sea. Unique mixed-use property offers flexible commercial space, spacious residential apartment, off-street parking, garage, & outdoor space - blocks to beach & boardwalk. Retail space welcomes visitors through beautiful courtyard entry & glass doors to lobby area. Beyond, an expansive open studio w/large windows & abundant natural light, perfect for yoga, med-spa, exercise, or dance. ½ bath, util. closet, & storage. Versatile layout ideal for wide range of office, wellness, service, or retail w/potential to divide into 2 smaller spaces to maximize rental options. Upstairs, updated 2-BR apt. features open kitchen & living spaces, counter seating, HW floors, laundry & excellent natural light. Updated HVAC, HW heater, windows and doors, radiant heat in studio, Quartz counters and more. Off-street parking for 3, garage & private outdoor space w/large deck & garden. Set along quaint Main St, property offers exceptional lifestyle appeal, strong income potential, & outstanding flexibility in one of the Shore's most beloved beach towns.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,600 SF
Building Class
C
Year Built
1930
Price
$1,995,000
Price Per SF
$767.31
Cap Rate
4.50%
NOI
$89,775
Tenancy
Single
Building Height
2 Stories
Building FAR
0.60
Lot Size
0.10 AC
Zoning
MU08
Parking
4 Spaces (2.96 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Jersey Shore Hot Yoga
- Educational Services
- -
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$9.99
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Jersey Shore Hot Yoga | Educational Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 06-00011-0000-00001 | Improvements Assessment | $248,200 |
| Land Assessment | $294,000 | Total Assessment | $542,200 |
Property Taxes
Parcel Number
06-00011-0000-00001
Land Assessment
$294,000
Improvements Assessment
$248,200
Total Assessment
$542,200
Contact
-
KEVIN CHILD - NON-MEMBER OFFICE
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