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  • Key Facts
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Key Facts

Type Commercial
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $12,899
Days Active 1
Approx. Age 2000
MLS® Number 22513960

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Cash Cow Investment Opportunity - Prime Mixed-Use Property in the heart of Red Bank - Fully Rented - Annual cash flow of $105, 432 with annual increases in place for the commercial unit! Tenants pay for all utilities. NOI of $87, 533. Rare 8% Cap rate investment. Potential to add 3rd floor with additional apartments. Unlock exceptional income potential with this fully renovated mixed-use property, ideally located near downtown Red Bank and just minutes from the upcoming Netflix Studios. This versatile building features a ground-floor commercial space with strong visibility and foot traffic—perfect for a variety of business types. Upstairs, you'll find two beautifully renovated residential units (2024), including a spacious one-bedroom and a stylish studio—both offering modern finishes and move-in ready appeal. Located just blocks from Riverview Medical Center, Red Bank's vibrant restaurants, boutiques, and nightlife, this property is a magnet for both tenants and business patrons alike.Show Description
MLS® Number22513960
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2000
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/CCentral Air
Heating Fuel

Extras

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