260 21st St Avalon, NJ 08202-2001
This exceptional 865-square-foot retail or office space in Avalon, NJ, presents a unique investment opportunity. Located in a highly desirable area, this recently renovated property boasts a prime location with unparalleled visibility. The modern updates include new luxury vinyl plank flooring throughout, creating a sleek and contemporary atmosphere. The space is well-equipped with a kitchenette, a full bathroom featuring a shower, and a climate-controlled HVAC system for year-round comfort. Three oversized display windows maximize exposure to both pedestrian and vehicular traffic, ensuring high visibility for your business. Accessibility is ensured with handicap access, meeting all compliance requirements. Two dedicated parking spaces are included, offering convenience for both employees and customers. The property is ideal for a variety of uses, including boutiques, professional offices, salons, studios, or other retail ventures seeking a presence in Avalon's most coveted areas. The property will be transferred vacant, offering immediate occupancy. The 0.02-acre lot provides a manageable footprint for your business needs. This is a rare chance to acquire a turn-key commercial property in a thriving coastal community. The asking price is $675,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Avalon, NJAvalon. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.