272 21st Street

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272 21st Street

Avalon, NJ 08202
Asking Price
Contact for price
Asset Type
Commercial Mixed-use
Class
Class B

AI Property Summary

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

  • Located at 272 21st Street in Avalon, New Jersey.
  • This asset is classified as a commercial mixed-use building.
  • Property sits within the 08202 zip code market.
  • Site offers versatility for retail or professional business uses.
  • Avalon serves as a popular destination within the coastal region.

What's Special

This mixed-use commercial property at 272 21st Street in Avalon provides a functional asset in a prominent coastal New Jersey market. The site sits within a region characterized by seasonal tourism and a consistent residential base, offering potential for investors or business owners looking to establish a presence in this active shore community. Its layout supports various commercial operations, catering to the unique needs of a local demographic that values walkability and proximity to the coastline. Given the configuration of the building, prospective buyers might consider retail, professional office, or service-based enterprises that benefit from high levels of foot traffic during peak summer months. This location remains a stable choice for those evaluating long-term commercial holdings in the Cape May County area, providing the necessary infrastructure to support diverse business models within a high-demand submarket.

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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

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