NJ > Eatontown
Eatontown, NJ 07724,285 Parker Road
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Karen Scarpa

Karen Scarpa

+1(732) 631-4514
$ 1,375,000
Est. payment /mo
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Active

285 Parker Road Eatontown, NJ 07724

5,602 SqFt

UPDATED:

10/28/2024 05:21 PM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 5,602 sqft

Price per Sqft $245

Municipality Eatontown (EAT)

MLS Listing ID 22330304

Originating Board MOREMLS (Monmouth Ocean Regional REALTORS�)

Year Built 1986

Annual Tax Amount $14,250

Tax Year 2022

Lot Size 0.750 Acres

Acres 0.75

Lot Dimensions 119 x 275

Property 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!

Location

State NJ

County Monmouth

Area None

Direction 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.

Rooms

Basement Heated, Partially Finished, Tenant Access, Tenant Storage, Walk-Out Access

Interior

Interior Features Fire Alarm, Sprinkler

Heating Baseboard, Forced Air

Cooling Central Air

Flooring Vinyl, Tile, Other

Exterior

Garage Off Street, Lighted, On Site, Paver Block

Roof Type Shingle

Parking Type Off Street, Lighted, On Site, Paver Block

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 12-02801-0000-00036

Monmouth Ocean MLS (MOMLS)
Listed by RE/MAX Select

Karen Scarpa

Agent | RMFR8838475

+1(732) 631-4514

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