Office Building with
For Sale
$1,750,000
813 Main Street, Avon by the Sea, NJ 07717
Four office suites and a warehouse area provide a mix of professional and storage space.
Property Size5,640 SF
Price / SF$310.28
Days on Market115
Property Features for 813 Main Street
General Information
Standard status
Active
Size
5,640 SF
Total Parking Spaces
10
Property subtype
Commercial
Zoning
General Commercial Zone
Additional Details
Office Units
4
Taxes and HOA fees
Annual Taxes
$9,370
Building Details
Building Size
5,640 SF
Year Built
1939
Buildings
1
Stories
1
Tenancy
Single
Owner Occupied
Yes
Listing Agency:
Coldwell Banker Realty
Listed By:
Linda B Henderson
(732) 449-2777
Source:
Cammarotarealestate
Added: Jul 1
Changed: Oct 22
Last Checked: Oct 22 at 2:35PM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
Lakeview is a 5,640-square-foot professional office building in Avon-by-the-Sea, constructed in 1939. Its layout includes four office suites and a large garage/warehouse. The property is owner-occupied; the owners may remain as tenants or vacate. On-site parking accommodates 10 cars, with additional street parking available.
The building is in the General Commercial Zone and falls within the North End Redevelopment Plan. It has views of Sylvan Lake and access to major arteries. Floor plans are available.
The building is in the General Commercial Zone and falls within the North End Redevelopment Plan. It has views of Sylvan Lake and access to major arteries. Floor plans are available.
Key Highlights
- 5,640‑square‑foot professional office building built in 1939
- Configured with four office suites and a large garage/warehouse
- General Commercial Zone and part of the North End Redevelopment Plan
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,292
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,725,840
$1.7M
Cap Rate 7%
$1,232,743
$1.2M
Cap Rate 9%
$958,800
$958.8K
Market Conditions
NOI Build-Up for 5,640 SF
Gross rent
$169.2K $30.00/SF
− Vacancy
−$54.1K −$9.60/SF
EGI
$115.1K $20.40/SF
− OpEx
−$28.8K −$5.10/SF
NOI
$86.3K $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%
$1,725,840
Cap Rate 7%
$1,232,743
Cap Rate 9%
$958,800
Alternative Uses
Best Use
Office B
$1.23M
$1.08M – $1.44M
NOI $86,292 @ 7.0% cap · market cap 4.93%
Second Best
Mixed Use
$1.09M
$951.8K – $1.27M
NOI $76,140 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M
NOI $103,090 @ 7.0% cap · market cap 5.89%
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
Lease Details
4
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,007
Businesses Nearby
Explore this area
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?
Office building - Four office suites and a warehouse area provide a mix of professional and storage space.
Where is this office building located?
The property is located at 813 Main Street Avon by the Sea, NJ.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 5,640‑square‑foot professional office building built in 1939; Configured with four office suites and a large garage/warehouse; General Commercial Zone and part of the North End Redevelopment Plan
