Professional Office
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
(732) 449-2777
Listed by
Linda Henderson
(732) 449-2777
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.
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
NOI $86,292 @ 7.0% cap · market cap 4.33%
Second Best
Warehouse
$937.9K
$820.6K – $1.09M
NOI $65,651 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M
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
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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