260 21st Street

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260 21st Street

Avalon, NJ 08202
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront property available for purchase in Avalon
  • Asset spans a total of 865 square feet
  • Located at 260 21st Street in coastal New Jersey
  • Ideal for small-scale retail or specialty service businesses
  • Benefits from seasonal tourism and local resident activity

What's Special

Investors and business operators seeking a retail acquisition in Avalon, NJ will find this 865-square-foot storefront at 260 21st Street a functional addition to their portfolio. Situated within a high-traffic coastal community, this property aligns well with boutique retail concepts, specialized service providers, or small-scale cafe operations looking to leverage the area's steady seasonal foot traffic. The location benefits from the demographic consistency of this popular barrier island destination, which remains a consistent draw for both residents and visitors throughout the year. Avalon offers a established retail environment characterized by a mix of local businesses and visitor-focused commercial activity. Buyers looking to secure a foothold in this submarket will appreciate the manageable scale of the asset, which serves as a practical storefront for various consumer-facing business models. The building layout supports efficient operations while maintaining a presence in the heart of the municipal commercial district.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times