116 Broad Street, Red Bank, NJ 07701 (MLS# 22407420)


$1,950,000
116 Broad Street
Red Bank, NJ 07701
MLS# 22407420
3960 sqft


116 Broad Street, Red Bank, NJ 07701
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116 Broad Street, Red Bank, NJ 07701 116 Broad Street, Red Bank, NJ 07701 116 Broad Street, Red Bank, NJ 07701 116 Broad Street, Red Bank, NJ 07701 116 Broad Street, Red Bank, NJ 07701 116 Broad Street, Red Bank, NJ 07701 116 Broad Street, Red Bank, NJ 07701 116 Broad Street, Red Bank, NJ 07701 116 Broad Street, Red Bank, NJ 07701 116 Broad Street, Red Bank, NJ 07701

Property Description
Two story masonry and frame vinyl sided commercial building consisting of 3,960 (+-) square feet on the first and second floor plus 980 (+-) square feet of basement space. 1st floor retail currently vacant and also listed for lease at $5,500 per month, NNN. 2nd floor is built out as 3 office suites & currently leased. Owner of property has upgraded HVAC, newer aboveground oil heat boiler, completely remodeled 2nd floor offices with new windows, exterior stucco, resurfaced parking lot and more all within the past 6 years.

Details
Maps
Contract Info
Status: Active
List Date: 2024-03-18
Property Sub-Type: Commercial
Sale: Yes
Lease: Yes
List Price: $1,950,000
Current Price: $1,950,000
List Price/SqFt: 492.42
Lease Price: 5500
Lease Price Per/SqFt: 1.39
New Construction: No
Location
House Number: 116
Street Name: Broad
Street Suffix: Street
County: Monmouth
Municipality: Red Bank (RED)
Postal City: Red Bank
State: NJ
Zip Code: 07701
Area/Section: None
Directions: Newman Springs Rd, Left on Broad St
General Property Info
Handicap Access: No
# Levels: 2
Available SqFt: 3960
Office SqFt: 1900
Retail SqFt: 2060
Apx SqFt: 3960
Garage: No
# Parking Spaces: 7
Lot Dimensions: 46x147
Tax and Legal
Asmnt - Total: 968300
Deed Restricted: No
Special Assessment: No
Taxes: 19385
Tax Year: 2023
Remarks & Misc
Excluded: personal property
Property Features
Use: Professional Service; Professional/Office; Retail
Heating: Oil Above Ground
Water Heater: Electric
Water: Public Water
Sewer: Public Sewer
Gas: No Gas
Electric: Other - See Remarks
Parking: On Site
Assessment Status: Assessed

Listing Office: Benchmark Realty Group LLC

Listing Agent: Charles Frank

Last Updated: April - 29 - 2024

116 Broad Street, Red Bank, NJ 07701 - MLS# 22407420
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. 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.


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