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16 Monmouth Street

Red Bank, NJ 07701
  • $1,299,000
  • STATUS: Active Under Contract
  • ON SITE: 92 Days
  • MLS #: 22208892
Under Contract
UPDATED: 69 min ago
$1,299,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,800
    SQFT
  • $224
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2000
County:

School Ratings & Info

Description

Great investment in the heart of downtown Red Bank. Both successful tennants have two years left on there current leases. Gross yearly cash flow is 120k with a triple net lease. Abundance of sq ft and a great opportunity awaits.

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© 2022 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 2022-07-01T15:20:26.153.
www.gardenstatehomesearcher.com/homes/127206869
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16 Monmouth Street Red Bank, NJ 07701

  • Price: $1,299,000
  • Status: Active Under Contract
  • On Site: 92 Days
  • Updated: 69 min ago
  • MLS #: 22208892
0
Beds
0
Baths
0
½ Baths
0.05
Acres
5,800
SQFT
$224
$/SQFT
2000
Built
Neighborhood:
Red Bank (RED)
County:
Monmouth
Area:
Red Bank (RED)
Property Description
Great investment in the heart of downtown Red Bank. Both successful tennants have two years left on there current leases. Gross yearly cash flow is 120k with a triple net lease. Abundance of sq ft and a great opportunity awaits.
Exterior Features

Construction Siding Brick Exterior Lighting Garage No Location Business District Lot Description Level Lot Dimensions 30 X 79 Material BlockBrick Parking Driveway On StreetPublic Lot Roof Asphalt

Interior Features

Basement FullOtherWalk-Out Access Floors Wood Heat AC Central AirWindow Unit(S) Heat Fuel Hot WaterOther Interior Fire Alarm Rental Units 2 Sq Ft Available For Lease 5800.0000 Water Heater Natural Gas

Property Features

Assessment Land 365400.00 Assessment Status Assessed Assessment Total 964700.00 Commercial Type Business Documents Available Lease Electric1 440 Volt Gas On Site Gross Income 120000.00 Improvements Assessment 599300.00 Landlord Pays Other - See Remarks Lease No New Construction No Sale Yes Sewer Public Sewer Tax Year 2021 Taxes 22603.00 Use Art/FrameRestaurant Water Public Water Zoning CommercialMulti-Use

Listing information © 2022 Monmouth-Ocean MLS. Listing provided courtesy of Ryan Britton of Resources Real Estate.


© 2022 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 2022-07-01T15:20:26.153.
 
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The Dekanski Home Selling Team :: RE/MAX 1st Advantage
170 Inman Avenue
Colonia NJ, 07067