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285 Parker Road,  Eatontown NJ, 07724

(Active)
$1,375,000
|
5,602 sqft
|
MLS# 22330304
Last Updated: 4/28/2024 5:52 PM
Description for 285 Parker Road Eatontown, NJ 07724
Healthcare professionals and investors won't want to miss this chance to own a well-maintained medical / professional building in the heart of beautiful Eatontown! This nicely planned and spacious 5,600 (+/-) sq ft medical office building is close to major highways, Monmouth University and the Mall and sits on a large lot with its own private parking lot. The upper floor is currently used as a chiropractic office, but has many possible medical and professional uses. Income investors will appreciate the low expenses and strong income potential yielding an impressive cap rate. Building currently has approximately 1500 sf of vacant office space perfect for an additional tenant or owner use. Don't miss out on a rare opportunity to own this conveniently located commercial building. 285 Parker Road boasts upgrades including a new roof, new HVAC systems and has recently been painted (exterior). The building has many uses and outstanding financials including a proforma cap rate of approximately 7%. With the current market's low inventory of high-quality investment properties, this one won't last!
Price
$1,375,000
Monmouth
5,602 (approx)
22330304
Active
Description
Healthcare professionals and investors won't want to miss this chance to own a well-maintained medical / professional building in the heart of beautiful Eatontown! This nicely planned and spacious 5,600 (+/-) sq ft medical office building is close to major highways, Monmouth University and the Mall and sits on a large lot with its own private parking lot. The upper floor is currently used as a chiropractic office, but has many possible medical and professional uses. Income investors will appreciate the low expenses and strong income potential yielding an impressive cap rate. Building currently has approximately 1500 sf of vacant office space perfect for an additional tenant or owner use. Don't miss out on a rare opportunity to own this conveniently located commercial building. 285 Parker Road boasts upgrades including a new roof, new HVAC systems and has recently been painted (exterior). The building has many uses and outstanding financials including a proforma cap rate of approximately 7%. With the current market's low inventory of high-quality investment properties, this one won't last!
Listing Information
Property Type: Office, Business Opportunities, 2 Story
0.75 Acres 5,602 (approx) 1986
2
Public
Public Sewer
Neighborhood
Room Information
Interior Features
Tile, Vinyl
Central Air
Electric Heating, Forced Air, Baseboard
Partially Finished, Walk-Out Access
Exterior / Lot Features
23 Parking Spaces, Off Street, Lighted, On Site, Paver Block
Shingle
119 x 275
Commercial
Driving Directions
Route 35 N; right on Wall St; continue on Parker Rd; building parking lot on the left OR Route 36 E; right on Monmouth Rd; right on Parker Rd; building parking lot on the right.
Financial Considerations
12-02801-0000-00036
$14,250
Listing Price History

Eatontown Real Estate

Eatontown is located in New Jersey. Eatontown, New Jersey 07724 has a population of 12,727.

The median household income for the surrounding county is $103,920 compared to the national median of $66,222. The median age of people living in Eatontown 07724 is 43 years.

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Courtesy: Darren Tietsworth - RE/MAX Select
This content last refreshed on 4/28/2024 5:52 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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