272 21st St Avalon, NJ 08202-2001
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.
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Drumar Construction General Contractor
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B. Hartzell (Bike/Boat/Book/etc) Store Clothing & Fashion Store
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.