508 Main Street, Avon-by-the-sea, NJ 07717
Listing Presented By
Diane Turton, Realtors-Avon
Commercial - Avon-by-the-sea, NJ
Well maintained building zoned downtown commercial in desirable Avon-by-the-Sea. Approximately 1315 sq. ft. of retail space on the first floor which is currently being used as a beauty salon. The second floor is a 2 bedroom apartment approx. 1315 sq. ft. with a separate entrance. Open floor plan with built ins and hardwood floors. Sunroom and private deck that overlooks fenced in yard. Patio with storage shed and garden space. Public parking next to building. Roof is newer with updated plumbing and electric. The apartment yields $1850 a month in rent. The commercial space is currently used by the owner but is estimated to yield $2200 in rent. Cap Rate for this property is close to 6%.
Square Footage: 2,830
Last Updated: October 8, 2016
Posted: April 2, 2016