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    177 Broad St Red Bank, NJ 07701

    Sponsored
    For Sale
    $949,000

    Prime 1890 SF Retail, Vacant, NNN Lease.

    Property size:
    1,890 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,890 square foot retail space is located at 177 Broad Street in the vibrant Red Bank, New Jersey, 07701. The property is a single-story building (APN: 39-00105-0000-00021-01) currently vacant and available for immediate occupancy. Offered at $949,000, this property presents a unique opportunity for a variety of retail businesses. The space boasts a highly desirable location on Broad Street, known for its bustling commercial activity and foot traffic. The lease type is NNN (Net, Net, Net), meaning the tenant is responsible for property taxes, insurance, and maintenance. The property includes shared rear parking, a significant advantage in a high-traffic area like Red Bank. Previously occupied by a fully equipped pizzeria and restaurant with a 40-seat capacity plus outdoor seating, this space is ready for immediate use or customization to suit a new tenant's needs. This is an excellent investment opportunity in a prime Monmouth County location. The property is currently vacant, allowing for immediate occupancy and customization to fit your business needs. Don't miss this chance to establish your business in a thriving Red Bank commercial corridor.

    Property Features for 177 Broad St

    General Information

    Property type
    Retail properties
    Square Feet
    1,890 SF

    Building Details

    Stories
    1

    HighLights

    • $949,000 asking price for a vacant retail property.
    • 1,890 square foot single‑tenant space.
    • Located at 177 Broad St, Red Bank, NJ 07701.
    • Triple Net (NNN) lease.
    • Property is a one‑story building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Red Bank
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.0645159
    Latitude
    40.3462033

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    FAQs

    What type of property is this?
    Retail property - Prime 1890 SF Retail, Vacant, NNN Lease.
    Where is this retail property located?
    The property is located at 177 Broad St Red Bank, NJ.
    What is the asking price?
    The asking price for this property is $949,000.
    What are key features of this property?
    This property features: $949,000 asking price for a vacant retail property.; 1,890 square foot single-tenant space.; Located at 177 Broad St, Red Bank, NJ 07701.
    (848) 294-1903
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    177 Broad St Red Bank, NJ 07701
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