Pending
5 E Front Street
Red Bank NJ, 07701
$2,700,000
Pending
Commercial
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 facade 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!
22330098
MLSⓇ ID
October 27, 2023
Listed
December 21, 2024
Updated
Map
5 E Front Street
Red Bank NJ, 07701
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.08 Acres
Lot Features
Corner Lot
Sewer
Public Sewer
Other Property Details
Area Name
None
Taxes
$43,685
Tax Frequency
Annually
Days on Market
180
Garage
No
Parking
On Street, Public Lot
View
No
County
Monmouth
Water Source
Public
Pool
No
Waterfront
Yes
Listing History
Date | Event | Price |
|---|---|---|
4/23/2024 | Pending | — |
Courtesy of Heritage House Sotheby's International Realty with Christopher Pizzola,
Listing Contact: 732-575-6523
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor The Gerine Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 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. All listings displayed pursuant to IDX shall show the MLS as the source of the information.
©2024 Monmouth Ocean Regional REALTORS. All rights reserved.
Data last updated 1:40 PM UTC, 12/21/2024
