300 Broad Street, Red Bank, NJ 07701

$1,700,000

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List Price
$1,700,000
Status
ACTIVE
Type
Commercial
MLS#
22629083
Region
Red Bank (RED)
Year Built
1901

Property Description

A truly exceptional opportunity to own a highly versatile mixed-use property on the iconic Broad Street corridor in the heart of Red Bank, one of Monmouth County's most sought-after and fastest-growing markets, located just minutes from Netflix's major new Fort Monmouth production campus! With tremendous investment and momentum throughout the surrounding area, opportunities like this are becoming extremely difficult to find. The property is already income-producing & offers multiple revenue streams, substantial flexibility, and significant upside for an investor, business owner, or owner-occupant. The expansive first-floor commercial space features a welcoming reception area, multiple private offices, additional treatment or conference space, hardwood floors, a full bath, kitchenette, and a full basement providing extensive storage. Its adaptable layout is well suited for a variety of professional, medical, wellness, administrative, or office uses. The second level features a separate two-bedroom residential apartment with its own private entrance, hardwood floors, an eat-in kitchen, living room, and full bath. Plans are also in place to convert the apartment into four bedrooms, creating an exciting opportunity to further enhance the property's residential income potential. Adding even more value is a detached three-car garage with a spacious loft, currently being utilized as a sports facility. This unique additional structure offers tremendous flexibility and could potentially be converted for additional office space, professional use, recreation, storage, or other permitted uses, providing another avenue to maximize the property's value and income potential. Positioned on a prominent corner property with a private parking lot plus additional street parking, the location is nearly impossible to replicate. Just steps from Red Bank's renowned restaurants, shopping, entertainment, and vibrant downtown, the property also offers convenient access to the train station, Garden State Parkway, major transportation routes, and the rapidly developing Fort Monmouth area. What truly sets this property apart is the combination of an irreplaceable Broad Street location, existing income, multiple usable structures, private parking, residential and commercial components, and meaningful future upside. In a market as desirable and supply-constrained as Red Bank, properties offering this level of versatility and potential rarely become available. With Red Bank continuing to attract tremendous attention and the nearby Netflix development bringing even greater investment and demand to the area, this is a rare chance to secure a one-of-a-kind asset in one of Monmouth County's strongest markets. Opportunities like this do not come around often!

Additional Information

Acres
0.26
Zoning
Multi-Use, Office
Taxes
$17,633
Subtype
Commercial
Lot Description
Sidewalks
Year Built
1901
Roof
Shingle
Heat Ac
Baseboard
Parking Driveway
On Site, Parking Lot
Garage
Yes
Garage Capacity
3
Stories
2
Electric
Other - See Remarks

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Calculator source: Real Geeks

Listing courtesy of Real Broker, LLC- Fairfield. Contact: