239 State Route 79 - Storefront Retail/Residential FOR SALE


Marlboro, NJ 07746
$694,900 USD
908-692-5870
239 State Route 79, Marlboro, NJ for Sale
$694,900 USD
Storefront Retail/Residential - FOR SALE
1/35
null | Request Cap Rate

239 State Route 79
Marlboro, NJ 07746


HIGHLIGHTS

  • High traffic area. 1 acre property prime for expansion.

OVERVIEW

Attention Investors: This mixed-use property in a C-2 Neighborhood Commercial District has long-term tenants with multi-year leases. This income-producing property could be an ideal addition to your portfolio, located on RT 79 in the Morganville section of Marlboro Township. There are two buildings on the property. The three-story building has approximately 1000 sqft of retail space on the first floor and a 2-bedroom apartment with 1160 SqFt on the second floor. You'll be delighted to discover the apartment features an oversized galley kitchen, dining room, living room, laundry, and outdoor deck. There are more rooms on the 3rd floor, currently used as storage rooms for the apartment tenant. The third floor does have a separate entrance. The latest improvement to the property features a new, large-capacity, state-of-the-art sewage system. The second building is home to a 780 sqft workshop and retail space. There is ample attic storage on the 2nd floor of this building, too. These facilities are on an acre of property that backs to the Henry Hudson Trail. Call today for further information and to schedule a visit to your new investment property.

FOR SALE DETAILS

PRICE

$694,900 USD

PRICE/SF

$359 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

C-02

APN/PARCEL ID

30-00168-0000-00010

ASK ABOUT THIS PROPERTY

Harold Van WoeartKeller Williams Realty West MonmouthMore Info
908-692-5870

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Harold Van WoeartKeller Williams Realty West MonmouthMore Info
908-692-5870

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