Renovated Retail Storefront with
For Sale
$265,000
105 E Atlantic Ave, Audubon, NJ 08106
Retail opportunity in Audubon with high foot traffic and infrastructure.
Property Size1,248 SF
Price / SF$212.34
Days on Market276
Property Features for 105 E Atlantic Ave
General Information
Standard status
Active
Size
1,248 SF
Building Details
Year Built
1950
Listing Agency:
Keller Williams Prime Realty
Listed By:
Osbaldo T Matias · License #1758382
(856) 558-3079
Source:
Elkaimpropertygroup
Added: Jan 26
Changed: Oct 26
Last Checked: Oct 28 at 2:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Prime Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This renovated retail storefront, located in Audubon, offers an opportunity for entrepreneurs to establish or expand their business. The property features over 1,240 square feet of space with a basement, providing immediate customer exposure and built-in infrastructure. The open-floor plan and upgraded flooring are complemented by central air conditioning. The property is positioned to benefit from high foot traffic. This space is suitable for a boutique or store front.
Key Highlights
- Includes all existing inventory and amenities for a quick business start.
- High foot traffic location in the heart of Audubon.
- Renovated 1,240+ sqft storefront with basement.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,016
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,320
$240.3K
Cap Rate 7%
$171,657
$171.7K
Cap Rate 9%
$133,511
$133.5K
Market Conditions
NOI Build-Up for 1,248 SF
Gross rent
$18.7K $15.00/SF
− Vacancy
−$1.6K −$1.25/SF
EGI
$17.2K $13.76/SF
− OpEx
−$5.1K −$4.13/SF
NOI
$12.0K $9.63/SF
Area
Camden County, NJ
Vacancy
8.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,320
Cap Rate 7%
$171,657
Cap Rate 9%
$133,511
Alternative Uses
Best Use
Retail
$171.7K
$150.2K – $200.3K
NOI $12,016 @ 7.0% cap · market cap 4.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$316.4K
$276.9K – $369.2K
NOI $22,151 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
921
Businesses Nearby
33k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 87%
Electronics 8%
Home Improvements & Furnishings 5%
Wawa
Shops & Services
15,932 visits/mo
0.5 miles
TD Bank
Shops & Services
10,966 visits/mo
0.2 miles
Verizon
Electronics
2,618 visits/mo
0.4 miles
Truist
Shops & Services
2,091 visits/mo
0.1 miles
Audubon Hardware & Supply Co.
Home Improvements & Furnishings
1,671 visits/mo
0.5 miles
Demographics for 08106, NJ
9,698
Population
3,996
Households
2.4
Avg Household Size
43
Median Age
43%
College-Educated
96%
High-School Grad
1.6 sq mi
ZIP Area
6,061
Density / Sq Mi
$107,539
Median Household Income
$61,139
Median Earnings
$1,083
Median Rent
$286,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Sublime Event Design — 317 E Atlantic Ave, Audubon, NJ 08106
Frequently Asked Questions
What type of property is this?
Storefront property - Retail opportunity in Audubon with high foot traffic and infrastructure.
Where is this storefront property located?
The property is located at 105 E Atlantic Ave Audubon, NJ.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Includes all existing inventory and amenities for a quick business start.; High foot traffic location in the heart of Audubon.; Renovated 1,240+ sqft storefront with basement.
