285 Parker Road Active Save Request In-Person Tour Request Virtual Tour
Eatontown,NJ 07724
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 5,602 sqft
Price per Sqft $245
MLS Listing ID 22330304
Year Built 1986
Annual Tax Amount $14,250
Tax Year 2022
Lot Size 0.750 Acres
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
Interior
Heating Baseboard,Forced Air
Cooling Central Air
Flooring Vinyl,Tile,Other
Exterior
Garage Off Street,Lighted,On Site,Paver Block
Roof Type Shingle
Building
Sewer Public Sewer
Water Public
New Construction No