508 Main Street

Avon-By-The-Sea, NJ 07717
  • $599,000
  • STATUS: Active Under Contract
  • ON SITE: 446 days
  • MLS #: 21612357
Under Contract
UPDATED: 132 min ago
$599,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,830
    SQFT
  • $212
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

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%.



Listing information © 2017 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Data last updated 2017-06-22T16:22:06.487.
www.gardenstatehomesearcher.com/homes/61245444

508 Main Street Avon-By-The-Sea, NJ 07717

  • Price: $599,000
  • Status: Active Under Contract
  • Updated: 132 min ago
  • MLS #: 21612357
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,830
SQFT
$212
$/SQFT
Neighborhood:
Avon-by-the-sea (AVO)
County:
Monmouth
Area:
Avon-by-the-sea (AVO)
Property Description
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%.
Exterior Features

Exterior FencedOutdoor LightingOutside Storage Garage No Location Business District Lot Dimensions 25X155 Parking Driveway In Alley

Interior Features

Basement Crawl Space Floors TileWood Heat AC Central AirForced Hot Air Heat Fuel Natural Gas Rental Units 2 Sq Ft Other 1315.00 Sq Ft Retail 1315.00 Water Heater Natural Gas

Property Features

Assessment Land 342000.00 Assessment Status Assessed Assessment Total 579800.00 Business Name Gianna's Business Operating Yes Commercial Type Commercial Electric1 220 Volt Franchise No Gas On Site Gross Income 48600.00 Improvements Assessment 237800.00 Insurance Expense 3500.00 Lease No New Construction No Real Estate Tax Expense 6430.00 Sale Yes Sewer Public Sewer Tax Year 2016 Taxes 5525.00 Use Art/FrameBakeries/ShopBarber/SalonCards/GiftConvenience StoreDeli/CateringDry CleanerFlorist ShopLaundromatOffice/RetailProfessional ServiceProfessional/Office Water Public Water Year Established 1995.00 Zoning Central BusinessMixedMulti-UseOfficeProfessionalResidentialRetail

Listing information © 2017 Monmouth-Ocean MLS. Listing provided courtesy of Kelly Cutillo of Diane Turton, Realtors-Avon.


Listing information © 2017 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Data last updated 2017-06-22T16:22:06.487.
The Dekanski Home Selling Team :: RE/MAX 1st Advantage
170 Inman Avenue
Colonia NJ, 07067