Retail Property on Philadelphia
205-207 Philadelphia Ave Egg Harbor City, NJ 08215
205-207 Philadelphia Ave, Egg Harbor City, NJ, 08215
$845,000
Pending
For Sale
$845,000
Pending
Retail property for sale on Philadelphia Avenue.
Property Size4,760 SF
Days on Market1816
Property Features for 205-207 Philadelphia Ave
General Information
- Standard status
- Pending
- Size
- 4,760 SF
Building Details
- Year Built
- 1910
Listing Agency
BHHS Fox & Roach-Margate
(609) 822-4200
Listed by
Robert A. Rosenthal · License #7819349
(609) 822-4200
Source
Evrealestate
Added: Aug 1, 2021 Updated: Jul 10 at 12:10 pm Checked: Jul 20 at 2:59 am
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 BHHS Fox & Roach-Margate
Investment Insights
Based on property information with market context.
The property is located on Philadelphia Avenue. To reach the property, travel west on Route 30 and turn right onto Philadelphia Avenue; the property will be on the left. Alternatively, travel east on Route 30 and turn left onto Philadelphia Avenue; the property will be two blocks on the left. The property is suitable for storefront and retail purposes. The property size is 4,760 square feet.
Key Highlights
- Central air cooling for year‑round comfort.
- Natural gas heating system.
- Built in 1910.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $71.4k | $15.00 |
| − Vacancy | −$6.1k | −$1.28 |
| EGI | $65.3k | $13.73 |
| − OpEx | −$19.6k | −$4.12 |
| NOI | $45.7k | $9.61 |
4,760 SF · lease $15.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$653.3K
$571.7K – $762.2K
NOI $45,732 @ 7.0% cap · market cap 5.41%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.77M
$1.55M – $2.07M
NOI $124,081 @ 7.0% cap · market cap 14.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Retail property for sale on Philadelphia Avenue.
Where is this storefront property located?
The property is located at 205-207 Philadelphia Ave Egg Harbor City, NJ.
What is the asking price?
The asking price for this property is $845,000.
What are key features of this property?
This property features: Central air cooling for year‑round comfort.; Natural gas heating system.; Built in 1910.
