350 Highway 35
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350 Highway 35
12,429 SF 100% Leased Office Building Red Bank, NJ 07701 £1,777,522 (£143/SF)
Investment Highlights
- 1.8 ACRE SITE ON ROUTE 35
- OVER 100 PARKING SPACES
- IDEAL FOR REDEVELOPMENT
- 12,429 (+/-) SF OFFICE BUILDING
- 280 FEET OF FRONTAGE
- VALUABLE B3 ZONING
Executive Summary
12,429 (+/-) sf office building located on 1.8 acres with 280 (+/_) feet of frontage on Route 35 in Middletown with highly desirable Red Bank mailing address in the B3 zone ideal for continuing use as office, redevelopment of the valuable 1.8 acre site, medical office, restaurant/bar, retail, much more. Over 100 parking spaces on site. The building has been tenant occupied for many years and will be delivered vacant.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
12,429 SF
Building Class
B
Year Built/Renovated
1940/1975
Price
£1,777,522
Price Per SF
£143
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
6,215 SF
Building FAR
0.13
Land Acres
2.27 AC
Zoning
R15 - B3 zone
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PROPERTY TAXES
| Parcel Number | 32-00935-0000-00005 | Improvements Assessment | £664,259 |
| Land Assessment | £1,037,614 | Total Assessment | £1,701,873 |
PROPERTY TAXES
Parcel Number
32-00935-0000-00005
Land Assessment
£1,037,614
Improvements Assessment
£664,259
Total Assessment
£1,701,873
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Geoffrey M. Brothers, CCIM -
Brothers Commercial Brokerage, Inc
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350 Highway 35
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