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Property profile & analytics
OFF-MARKET
Commercial real estate

272 21st St Avalon, NJ 08202-2001

865 SF
Entity Owned ~ Est. High Equity
Property ID
US59-2776294
Property summary
AI-generated overview

This exceptional 865-square-foot commercial unit is situated in the heart of Avalon, New Jersey's desirable downtown area, next to Tiger Lily Boutique and near popular establishments like Kohler's Donuts and The Whitebrier/Circle Tavern/The Princeton block. The property features elegant hardwood floors throughout the main area and tasteful tile in the kitchen and bathroom. A well-appointed bathroom with contemporary fixtures adds to the unit's appeal. Two assigned parking spaces are included, a significant advantage in this location. The unit is currently leased, offering an immediate return on investment for the buyer. The lease terms will be disclosed upon request. This location benefits from Avalon's vibrant atmosphere, known for its boutique shopping, diverse dining options, and lively nightlife, attracting both residents and tourists. The property is ideal for a variety of retail or professional uses, providing a strong foundation for a successful business venture. The unit is well-maintained and ready for immediate occupancy subject to the existing lease. This presents a rare opportunity to acquire a commercial property in a highly sought-after area of Avalon, offering both immediate income and long-term growth potential. The 0.02-acre lot provides convenient access and ample space for the business. This is a turnkey opportunity to establish a presence in one of Avalon's most desirable commercial locations.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction FRAME
Total area 865 SF
Zoning code B-1
APN 01 00021- 04-00062- 272
UPID US59-2776294
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Drumar Construction General Contractor
  • B. Hartzell (Bike/Boat/Book/etc) Store Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Serendipitous Cardinal LLC
Serendipitous Cardinal LLC
since 2026
7 recorded transactions
2026
$476,500
2023
Price N/A
2019
Price N/A
2016
Price N/A
2016
Price N/A
2007
$130,000
1969
Price N/A
Zoning & alternative use
B-1 · Avalon, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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