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Professional Office Building

813 Main Street Unit 813 Avon by the Sea, NJ 07717

813 Main Street Unit 813, Avon by the Sea, NJ, 07717
$1,995,000
For Sale
$1,995,000

5600 SF building features four office suites plus a large garage/warehouse and on-site parking for 10 cars.

Property Size5,640 SF
Price / SF$353.72
Days on Market26

Property Features for 813 Main Street Unit 813

General Information

Standard status
Active
Size
5,640 SF
Property subtype
General Commercial

Building Details

Year Built
1939
Listing agency Coldwell Banker Realty
Listed by Linda Henderson
Source Xome
Added: Jun 27 Updated: Jul 21 at 8:48PM Checked: Jul 22 at 3:45AM

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


Investment Insights

Based on property information with market context.

This 5,640 SF professional office building in Avon-by-the-Sea is currently owner occupied and includes four office suites along with a large garage/warehouse area. Floor plans are available. The site is located in the General Commercial Zone and is part of the North End Redevelopment Plan.

The property is described as offering good visibility and easy access to major arteries, supported by on-site parking for 10 cars plus convenient street parking.

The current configuration supports multiple private office uses with an attached garage/warehouse component, offering flexibility for an owner-tenant scenario or for a buyer seeking to occupy and/or lease portions of the space.

Key Highlights

  • 5600 SF professional office building with views of Sylvan Lake
  • Configured as 4 office suites plus a large garage/warehouse
  • General Commercial Zone; part of the North End Redevelopment Plan

Local Financial Insights For Office B

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 $169.2k $30.00
− Vacancy −$54.1k −$9.60
EGI $115.1k $20.40
− OpEx −$28.8k −$5.10
NOI $86.3k $15.30
5,640 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.23M
$1.08M – $1.44M (±1% cap)
NOI $86,292 @ 7.0% cap · market cap 4.33%
Second Best
Warehouse
$937.9K
$820.6K – $1.09M (±1% cap)
NOI $65,651 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M (±1% cap)
NOI $103,090 @ 7.0% cap · market cap 5.17%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Landmark Surveying & Engineering Land Surveyor John Hancock Financial ... Insurance Agency Doehler-Mc Evoy Financial ... Consultant Hardie Windows & Siding ... Hardware & Home Improvement

Suggested Use

Dental Office Real Estate Agency Big Box & Wholesale Store Pharmacy Building Supply Law Firm Auto Parts Store Parking Lot & Garage Garden Center Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - 5600 SF building features four office suites plus a large garage/warehouse and on-site parking for 10 cars.
Where is this office units located?
The property is located at 813 Main Street Unit 813 Avon by the Sea, NJ.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 5600 SF professional office building with views of Sylvan Lake; Configured as 4 office suites plus a large garage/warehouse; General Commercial Zone; part of the North End Redevelopment Plan
Contact an agent
More about this property
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