Red Bank, NJ 07701,5 E Front Street
Red Bank, NJ 07701,5 E Front Street
Red Bank, NJ 07701,5 E Front Street
Red Bank, NJ 07701,5 E Front Street
Red Bank, NJ 07701,5 E Front Street
Red Bank, NJ 07701,5 E Front Street
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$ 2,700,000
Est. payment | /mo

3,484 Sqft Lot


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$ 2,700,000
Est. payment | /mo
Save

3,484 Sqft Lot

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Pending

Purchase Type For Sale

Municipality Red Bank (RED)

MLS Listing ID 22330098

Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)

Annual Tax Amount $43,685

Tax Year 2022

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 40 x 84

Property Description

Incredible opportunity to purchase one of Red Bank's most coveted downtown corners. A value add property with many options savvy investors/developers can capitalize on. The possibility to add floor(s) to the existing building and renovate the entire façade to mimic the architectural beauty of some of the recently developed corner properties in downtown Red Bank.

The offering consists of : 2 adjoining buildings/addresses with (4) retail spaces currently being occupied by 2 tenants & (3) residential units above all are 2 bedroom units with high ceilings.

Proforma (with existing units and footprint) can net a potential investor over $200,000 on a prime piece of commercial property in red hot Red Bank!

Location

State NJ

County Monmouth

Area None

Direction NW corner of Front St and Wharf Ave

Rooms

Basement Partial

Exterior

Parking Features On Street, Public Lot

Waterfront Description Riverview

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 39-00009-01-00022

Monmouth Ocean MLS (MOMLS)
Listed by Heritage House Sotheby's International Realty
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12 Terry Drive Suite 204, Newtown, Pennsylvania, 18940, United States

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5 E Front Street