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Key Details
Sold Price $486,156
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,531 sqft
Price per Sqft $87
MLS Listing ID 2500854R
Sold Date 10/02/24
Originating Board CJMLS API
Year Built 1955
Annual Tax Amount $19,221
Tax Year 2023
Lot Size 0.528 Acres
Acres 0.5278
Lot Dimensions 190.00 x 121.00
Property Description
This stand-alone 5,531 sq ft building is located on the prime corner of Kings Highway and Route 35 in Middletown near the Municipal Building/Police station. The building was last rented to a medical care practice for over 30 years. This location is zoned B-3 which allows for many uses, such as, Urgent Care, Wellness Center, Veterinary/Animal Hospital, Pain Management Center, Florist, Deli, etc. (The zoning chart is available.) 19 Parking Spaces are on site. Two-zoned HVAC on premises. The Tenant is responsible for real estate taxes, all utilities and interior repairs. The Landlord is responsible for the roof, HVAC repairs, landscaping, garbage removal & snow plowing. Rent is $26.50 per sq ft. A minimum lease term of 3 years is required. The Landlord will consider a fit out for a 5-year lease. 5 to 15 minutes to most neighboring municipalities: Red Bank, Fair Haven, Rumson, Shrewsbury, Hazlet, Holmdel, Port Monmouth, Belford, Leonardo, Atlantic Highlands, Highlands, Keyport, Keansburg and Union Beach. 5 Minutes to the Train. 10 minutes to the GSP.
Location
State NJ
County Monmouth
Zoning B-3
Interior
Interior Features Dropped Ceiling
Heating Zoned, Separate Furnaces
Cooling Central Air
Flooring Carpet, See Remarks, Dropped Ceiling
Heat Source Natural Gas
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Flat
Parking Type On Site
Total Parking Spaces 19
Building
Lot Description Near Shopping, Near Train, Highway Commercial
Faces North
Story 1
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 3200816000000003
Energy Description Natural Gas
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