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260-274 21st St - 272 21st Street 865 SF Office/Retail Condo Unit Offered at $652,424 CAD in Avalon, NJ 08202
Investment Highlights
- Prime location in Avalon’s chic downtown district.
- Stylish kitchen and bathroom with tile finishes.
- Immediate income with existing lease in place.
- Elegant hardwood flooring throughout main space.
- Two assigned parking spaces for added convenience.
- Surrounded by high-end boutiques, dining, and nightlife.
Executive Summary
Positioned in the heart of Avalon’s vibrant downtown, this boutique commercial condominium building offers an unparalleled opportunity for investors and business owners seeking a presence in one of the most affluent and desirable coastal communities. Known for its chic atmosphere and the slogan “Cooler by a Mile,” Avalon blends luxury living with a thriving retail and hospitality scene, making this property a cornerstone for success. The building features a collection of well-maintained units designed for retail and professional use, each showcasing upscale finishes that reflect Avalon’s sophisticated character. Hardwood flooring throughout common areas creates a warm and inviting ambiance, while kitchens and bathrooms are appointed with stylish tile and modern fixtures for durability and comfort. Dedicated parking spaces for each unit add convenience in a market where parking is a premium. Surrounded by high-end boutiques, gourmet dining, cozy coffee shops, and lively nightlife, the property benefits from exceptional foot traffic and strong tourist appeal. Its strategic location near Kohler’s Donuts, The Whitebrier, Circle Tavern, and The Princeton block ensures visibility and connectivity within Avalon’s bustling commercial corridor.
Data Room Click Here to Access
1 Unit Available
Unit 272
| Unit Size | 865 SF | Sale Status | Under Contract |
| Price | $652,424 CAD | Cap Rate | 8.12% |
| Price Per SF | $754.25 CAD | NOI | $52,967.94 CAD |
| Condo Use | Office/Retail | No. Parking Spaces | 2 |
| Sale Type | Investment or Owner User |
| Unit Size | 865 SF |
| Price | $652,424 CAD |
| Price Per SF | $754.25 CAD |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Sale Status | Under Contract |
| Cap Rate | 8.12% |
| NOI | $52,967.94 CAD |
| No. Parking Spaces | 2 |
Sale Notes
Seize the opportunity to own a premier commercial unit in the heart of Avalon, famously known as “Cooler by a Mile.” This exceptional 865 SF space is strategically positioned next to the elite Tiger Lily Boutique and steps from Kohler’s Donuts, The Whitebrier, Circle Tavern, and The Princeton block—making it an ideal location for businesses seeking visibility and prestige.
The unit features elegant hardwood floors that create a warm, inviting ambiance for customers and clients. A thoughtfully designed kitchen and bathroom showcase stylish tile flooring, blending durability with sophistication. The modern bathroom with contemporary fixtures ensures comfort for staff and visitors alike. Two dedicated parking spaces add significant convenience in this highly sought-after area.
Located in Avalon’s vibrant downtown, this property offers unmatched access to boutique shopping, diverse dining, cozy coffee shops, homemade ice cream parlors, and a lively nightlife scene. The surrounding environment attracts both locals and tourists, providing a steady stream of potential customers and community engagement.
Property Facts Under Contract
Amenities
- Signage
- Air Conditioning
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| B Hartzell |
-
|
Jan 0000
|
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260-274 21st St - 272 21st Street
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