228 State Route 34 Matawan, NJ 07747
Turnkey investment opportunity with six established tenants and recent updates.
Property size:
10,000 SFLot size:
0.72 AcresProperty Features for 228 State Route 34
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 0.72 Acres
Building Details
- Year built
- 1990
Source:
Corcoran
Listing Agency: VRI HOMES Listing Agent: B.k. Kromer
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Fully Leased Building in Matawan
This fully-leased building in Matawan presents a turnkey investment opportunity. The property spans approximately 10,000 square feet and houses a diverse mix of six established tenants, all secured on active leases. Significant investments have been made in high-quality updates throughout, including new bathrooms, ceilings, lights, flooring, and custom Italian glass and wood doors. The HVAC and air conditioning systems are new, with all ducts redone, and custom painting has been applied throughout the building. Additional improvements include a new roof and a camera system with parking lot timer lights. The property also features a full basement. This low-maintenance, cash-flowing asset is suited for an investor seeking a stable addition with clear potential.
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Matawan
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.283734
- Latitude
- 40.424487
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FAQs
What type of property is this?
Storefront property - Turnkey investment opportunity with six established tenants and recent updates.
Where is this storefront property located?
The property is located at 228 State Route 34 Matawan, NJ.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: - Fully leased building with 6 established tenants providing immediate income.; - Recently updated throughout with **high-quality improvements** including new bathrooms, ceilings, lighting, flooring, doors, HVAC, and roof.; - Low-maintenance cash-flowing asset ideal for investors.
