Creative Studio with
For Sale
Contact for pricing
Pending
622 Main Street, Avon by the Sea, NJ 07717
An open studio with a reception area, large windows, radiant heat, and a courtyard entrance.
Property Size1,500 SF
Days on Market50
Property Features for 622 Main Street
General Information
Standard status
Pending
Size
1,500 SF
Property subtype
Commercial
Amenities
courtyard entry
off-street parking
garage/storage
radiant heat
Building Details
Year Built
1930
Listing Agency:
RE/MAX Achievers
Listed By:
Henry Buerck · License #1434452
(732) 988-0012
Source:
Defelicerealtygroup
Added: Sep 14
Changed: Oct 31
Last Checked: Oct 31 at 2:37PM
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 Achievers
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Investment Insights
Based on property information with market context.
Built in 1930, this creative commercial space combines a reception area with a broad, open studio. Oversized windows bring natural light into the main work area, while a courtyard and glass entry doors create the approach. The space also includes a half bath, utility closet, storage, radiant heat, and updated systems.
At 622 Main Street in Avon-by-the-Sea, the property is a few blocks from the beach and boardwalk. Off-street parking is available, with garage and storage options also noted. Potential uses are subject to permitted use and municipal approvals.
At 622 Main Street in Avon-by-the-Sea, the property is a few blocks from the beach and boardwalk. Off-street parking is available, with garage and storage options also noted. Potential uses are subject to permitted use and municipal approvals.
Key Highlights
- Built in 1930
- Open studio with oversized windows and a separate lobby/reception area
- Courtyard entry with glass doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,950
Suggested Prices Based on Cap Rates
Cap Rate 5%
$459,000
$459.0K
Cap Rate 7%
$327,857
$327.9K
Cap Rate 9%
$255,000
$255.0K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$45.0K $30.00/SF
− Vacancy
−$14.4K −$9.60/SF
EGI
$30.6K $20.40/SF
− OpEx
−$7.7K −$5.10/SF
NOI
$23.0K $15.30/SF
Area
Monmouth County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$459,000
Cap Rate 7%
$327,857
Cap Rate 9%
$255,000
Alternative Uses
Best Use
Office B
$327.9K
$286.9K – $382.5K
NOI $22,950 @ 7.0% cap · market cap 573.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$391.7K
$342.7K – $457.0K
NOI $27,418 @ 7.0% cap · market cap 685.45%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
768
Businesses Nearby
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Business Placement
Demographics for 07717, NJ
1,933
Population
1,254
Households
1.5
Avg Household Size
52
Median Age
72%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
4,833
Density / Sq Mi
$109,113
Median Household Income
$52,386
Median Earnings
$1,891
Median Rent
$1,349,000
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Creative space - An open studio with a reception area, large windows, radiant heat, and a courtyard entrance.
Where is this creative space located?
The property is located at 622 Main Street Avon by the Sea, NJ.
What are key features of this property?
This property features: Built in 1930; Open studio with oversized windows and a separate lobby/reception area; Courtyard entry with glass doors
