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Catherine "Cathy" Dourgarian
Direct Office:
(732) 583-5400
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Catherine "Cathy" Dourgarian
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Direct Office:
(732) 583-5400
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FOR SALE
$1,375,000

285 Parker Road
Eatontown, NJ 07724

Office, Business Opportunities
Commercial
5,602
Sq. Ft.
0.75
Acre Lot
Courtesy: Darren Tietsworth - RE/MAX Select
Home> New Jersey> Eatontown> 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!
22330304
Commercial - Office, Business Opportunities, 2 Story
1986
Monmouth
0.75 Acres
Public
2
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Darren Tietsworth - RE/MAX Select
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