Flex Space with Attached
For Sale
$650,000
451 Atlantic City Boulevard, Beachwood, NJ 08722
Versatile first-floor space with an attached garage plus an upstairs 2-bedroom apartment and additional warehouse work/storage area.
Property Size4,510 SF
Price / SF$144.12
Days on Market88
Property Features for 451 Atlantic City Boulevard
General Information
Standard status
Active
Size
4,510 SF
Property subtype
Mixed Use
Additional Details
Multifamily Units
2
Listing Agency:
RE/MAX Revolution
(732) 914-0074
Listed By:
Julie Choy · License #9696049
(732) 914-0074
Source:
Xome
Added: May 10
Changed: Jul 10
Last Checked: Jun 15 at 5:26AM
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 RE/MAX Revolution
Investment Insights
Based on property information with market context.
This for-sale flex property combines practical work and living space in one building. The downstairs layout includes office, storage, retail, and shop use, along with an attached garage and two half baths. An upstairs apartment provides additional functionality with a 2-bedroom, 1.5-bath configuration for either occupant use or potential rental income.
The property is located at 451 Atlantic City Boulevard in Beachwood, New Jersey, with access described as being right off Route 9 northbound. The setting is characterized as a high-traffic area near a traffic circle, with the remarks indicating the parkway is only minutes away.
For tenants, buyers, or owner-operators, the combination of a street-facing commercial-style ground floor, an attached garage, and a separate large 2-car garage warehouse supports flexible day-to-day operations such as retail plus service or light warehouse needs. The presence of 2-zone heating offers additional control for the different areas within the property.
The property is located at 451 Atlantic City Boulevard in Beachwood, New Jersey, with access described as being right off Route 9 northbound. The setting is characterized as a high-traffic area near a traffic circle, with the remarks indicating the parkway is only minutes away.
For tenants, buyers, or owner-operators, the combination of a street-facing commercial-style ground floor, an attached garage, and a separate large 2-car garage warehouse supports flexible day-to-day operations such as retail plus service or light warehouse needs. The presence of 2-zone heating offers additional control for the different areas within the property.
Key Highlights
- Right off RT 9 NB in a high‑traffic Beachwood area near the traffic circle
- First‑floor flexible space for office, storage, retail, or shop use with attached garage and 2 half baths
- Upstairs apartment features 2 bedrooms and 1.5 bathrooms for added income or owner living quarters
Financial Insights For Industrial
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 | $76.9k | $17.04 |
| − Vacancy | −$4.5k | −$1.01 |
| EGI | $72.3k | $16.03 |
| − OpEx | −$21.7k | −$4.81 |
| NOI | $50.6k | $11.22 |
4,510 SF · lease $17.04/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$919.6K
$804.7K – $1.07M
NOI $64,372 @ 7.0% cap · market cap 9.90%
Second Best
Warehouse
$878.1K
$768.4K – $1.02M
NOI $61,469 @ 7.0% cap · market cap 9.46%
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,436 @ 7.0% cap · market cap 12.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
423
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08722, NJ
10,859
Population
4,180
Households
2.6
Avg Household Size
38
Median Age
28%
College-Educated
94%
High-School Grad
2.8 sq mi
ZIP Area
3,878
Density / Sq Mi
$102,043
Median Household Income
$49,811
Median Earnings
$2,236
Median Rent
$307,500
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Versatile first-floor space with an attached garage plus an upstairs 2-bedroom apartment and additional warehouse work/storage area.
Where is this flex space located?
The property is located at 451 Atlantic City Boulevard Beachwood, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Right off RT 9 NB in a high‑traffic Beachwood area near the traffic circle; First‑floor flexible space for office, storage, retail, or shop use with attached garage and 2 half baths; Upstairs apartment features 2 bedrooms and 1.5 bathrooms for added income or owner living quarters
