133-135-137 Monmouth Street - Storefront Retail/Office FOR SALE


Red Bank, NJ 07701
$4,250,000 USD
908-770-0686
133-135-137 Monmouth Street, Red Bank, NJ for Sale
$4,250,000 USD
Storefront Retail/Office - FOR SALE
1/13
null | Request Cap Rate

133-135-137 Monmouth Street
Red Bank, NJ 07701


HIGHLIGHTS

  • Mixed Used Retail Office & Warehouse Components
  • Additional Parking Lot - Total of 17 Parking Spaces
  • Downtown Red Bank User Investor Opportunity

OVERVIEW

PRICE JUST IMPROVED! Downtown Red Bank Portfolio of 18,258 SF Mixed-use building + Parking Lot (17 Spaces). Ideal for User / Investor Legacy Commercial is pleased to present 133-135-137 Monmouth Street & 138 Monmouth Street which is a +/- 18,258 SF freestanding mixed-use building that is currently 26.1% occupied and additional 14 car parking lot for sale. Please refer to the rent roll for Tenant information. (Please inquire further for this information. 908-770-0686. matt@legacyrealtynj.com) 133 Monmouth Street is a +/- 4,500 SF open warehouse space that has 1 drive in door (12’ x 14’) with 18’ clear height ceilings. 135-137 Monmouth Street consists of +/- 2,574 SF occupied retail store and 4 separate offices with two on 1st floor and two on 2nd floor. The property also has a +/-2,109 SF basement that the retail Tenant has access to. 138 Monmouth Street is a parking lot with 14 striped spaces. There are 3 parking spaces onsite at 133-135-137 Monmouth Street. 17 total parking spaces. Address: 133-135-137 Monmouth Street & 138 Monmouth Street Block, Lots: Block: 42, Lot(s): 5 & 6 and Block: 33, Lot: 13 Total Building SF: 18,258 SF (Two-Story Building with Elevator) Asking Price: $4,250,000.00 (PRICE JUST REDUCED) % Occupied: 26% Occupied Total Lot Size: 0.34 AC for 133-135-137 Monmouth and 0.17 AC for 138 2023 RE Taxes: $27,309.41 (Both properties) Zoning: BR-1 (Business Residential-1) Utilities: The property is connected to all public utilities. Frontage: 100 ft. of street frontage on Monmouth Street. Year Built: 1920 Year Renovated: 2021 Parking Spaces: 17 Total Parking Spaces. 3 spaces at 133-135-137 Monmouth & 14 spaces at 138 Monmouth - Located near the Red Bank Train Station and the Count Basie Theatre, this site offers excellent accessibility and an attractive setting for businesses and visitors. - The property is located next to a brand new redevelopment project at 129 Monmouth Road, which includes plans for a new 45-unit multi-family apartment building. - Red Bank serves as a dynamic hub within Monmouth County, featuring a walkable downtown and seamless access to major transportation routes, including direct train service to New York City.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$233 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

133-135-137 & 138 Monmouth Street

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

BR-1

APN/PARCEL ID

39-00042-0000-00006

ASK ABOUT THIS PROPERTY

Matt MillerLegacy Commercial Realty, LLCMore Info
908-770-0686

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Matt MillerLegacy Commercial Realty, LLCMore Info
908-770-0686

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.