Address
Not Disclosed Eatontown, NJ
Price
$ 399,999
Property Attributes
  • MLS#21906642
  • TypeCommercial
  • CountyMONMOUTH
  • CityEatontown
  • Zip07724
  • StyleCommercial
  • Year Built1910
  • Taxes4996
  • Price$ 399,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Mark J Krupnick, Keller Williams Realty Central Monmouth
Property Description

Commercial Income Investment Property. Huge upside potential. Purchase this building for the existing income and operate or lease out the restaurant.Potential CAP rate between 8 and 9% Very close to the Fort Monmouth Redevelopment area. Take advantage of the Renaissance occurring in this area and get in now. Drastic price reduction. Priced to sell. Real estate for sale with a Pizza Restaurant business. Awesome opportunity in a booming area. Additional rental income from the tenants in the building. Salon $950 per month upstairs office one at $300 per month and one at $400 per month potential rent from pizza restaurant. estimated $2,000 per month.

Price History
2/18/2019 Listed $575,000
4/9/2019 14% - $499,000
8/6/2019 10% - $449,900
10/19/2020 12% - $399,999

General Features

Business Name Confidential
Days on Market 650
Electric 220 Volt
Garage No
Location Comm Distr
Parking Off Site, Off Street, On Site, On Street, Paved, Public Lot
Property Type E
Roof Sloped
Sewer Public Sewer
Status Active
Stories 2.0
Tax Year 2018
Taxes 4996.00
Type Commercial
Use Pizza, Professional/Office, Retail
Water Public Water
Water Heater Other - See Remarks
Year Built 1910
Zoning Central Business, Commercial, Office, Professional, Retail

Interior Features

Basement Partial
Gas On Site
Heat/ac Central Air
Heating Fuel Natural Gas
Number of Garages 0.00

Exterior Features

Construction/siding Vinyl
Exterior Sign
Lot Description Cleared, Curbing, Level, Sidewalks
Lot Dimensions 39 x 159

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 07724

Price
AVG $440K
$400K
Taxes
AVG $9,336
$4,996
Visits
AVG 61
241
Year Built
AVG 1913
1910

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Fair Housing Icon NY Fair Housing Notice