3287 Dune Drive, 1st Floor

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3287 Dune Drive, 1st Floor

Avalon, NJ 08202
Asking Price
$599K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • Ground floor retail storefront located in Avalon, New Jersey.
  • The property encompasses 889 square feet of interior space.
  • Available for purchase at an asking price of $599,000.
  • Situated on Dune Drive near the coastal business district.
  • Well-suited for boutique retail or specialized service operations.

What's Special

Avalon maintains a reputation as a primary coastal destination along the New Jersey shore, drawing consistent seasonal traffic and a stable year-round population. This storefront retail space at 3287 Dune Drive occupies the first floor, providing a strategic footprint within the local business corridor. Spanning 889 square feet, the layout supports various retail configurations or boutique service operations. The barrier island location benefits from high visibility and proximity to the Atlantic beachfront, ensuring steady exposure to both residents and visitors throughout the busy summer months. Investors or owner-users seeking a foothold in a prominent shore town may find this site suitable for establishing a new commercial venture. The asset presents a clean slate for professional retail displays, specialty goods, or other consumer-facing businesses looking to capitalize on the localized economic activity of this beach community.

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NOI
$80,000
Cap Rate
13.36%
DSCR
2.25
Strong
Cash-on-Cash
24.73%
Monthly Payment
$2,963.525
Annual Cash Flow
$44,437.698

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