Renovated Retail
For Sale
$265,000
105 E ATLANTIC Avenue, Audubon, NJ 08106
Commercial Sale - AUDUBON, NJ
Property Size1,240 SF
Lot Size0.02 Acres
Price / SF$213.71
Days on Market419
Property Features for 105 E ATLANTIC Avenue
General Information
Property type
Other
Property subtype
Retail
Parking
10
Parking features
On Street
Elementary school district
AUDUBON PUBLIC SCHOOLS
Middle school district
AUDUBON PUBLIC SCHOOLS
High school district
AUDUBON PUBLIC SCHOOLS
Standard status
Active
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
2506
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1950
Building materials
Brick
Listing Agency:
Keller Williams Prime Realty · Keller Williams Realty
(856) 362-5072
Listed By:
Osbaldo T Matias · License #1758382
(856) 558-3079
Added: Jun 17, 2025
Changed: Jun 10
Last Checked: Aug 9 at 6:06PM
MLS# NJCD2095758
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This renovated retail storefront offers an open layout designed for direct customer service, along with upgraded flooring and central A/C. The property includes a basement for additional storage or back-of-house use, supporting day-to-day operations beyond the main sales area. The offering is presented as ready to open, with the current owner including inventory and amenities as part of the sale.
Located at 105 E Atlantic Avenue in Audubon, NJ, the storefront is positioned in the heart of the community, with immediate customer exposure described in the marketing remarks. The space is characterized as a boutique-style storefront, aimed at tenants or owner-operators seeking a turnkey ground-level retail presence.
For entrepreneurs, small retailers, or buyers looking to take over an existing storefront concept, the combination of renovation, an open-floor plan, and on-site central A/C can help reduce upfront buildout needs. The basement adds practical utility for stocking and operational support, while the included inventory and amenities may help the next owner begin operating promptly after closing. Schedule a tour to review the finishes and layout in person and confirm fit for your intended use.
Located at 105 E Atlantic Avenue in Audubon, NJ, the storefront is positioned in the heart of the community, with immediate customer exposure described in the marketing remarks. The space is characterized as a boutique-style storefront, aimed at tenants or owner-operators seeking a turnkey ground-level retail presence.
For entrepreneurs, small retailers, or buyers looking to take over an existing storefront concept, the combination of renovation, an open-floor plan, and on-site central A/C can help reduce upfront buildout needs. The basement adds practical utility for stocking and operational support, while the included inventory and amenities may help the next owner begin operating promptly after closing. Schedule a tour to review the finishes and layout in person and confirm fit for your intended use.
Key Highlights
- Renovated 1,240+sqft storefront in the heart of Audubon with basement.
- Includes all existing inventory and amenities for a quick business start.
- High foot traffic location provides immediate customer exposure.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,939
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$238,780
$238.8K
Cap Rate 7%
$170,557
$170.6K
Cap Rate 9%
$132,656
$132.7K
Market Conditions
NOI Build-Up for 1,240 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$18.6K $15.00/SF
− Vacancy
−$1.5K −$1.25/SF
EGI
$17.1K $13.76/SF
− OpEx
−$5.1K −$4.13/SF
NOI
$11.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$238,780
Cap Rate 7%
$170,557
Cap Rate 9%
$132,656
Alternative Uses
Best Use
Retail
$170.6K
$149.2K – $199.0K
NOI $11,939 @ 7.0% cap · market cap 4.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$314.4K
$275.1K – $366.8K
NOI $22,009 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 - Renovated storefront with basement, central A/C, and upgraded finishes in Audubon, NJ—ready for immediate retail operation.
Where is this storefront property located?
The property is located at 105 E ATLANTIC Avenue 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: Renovated 1,240+sqft storefront in the heart of Audubon with basement.; Includes all existing inventory and amenities for a quick business start.; High foot traffic location provides immediate customer exposure.
