Spotswd-Eng Rd Monroe, NJ 08831
- Commercial real estate
- 6.41 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Spotswd-Eng Rd
- Year built
- 1979
- Lot size
- 6.41 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property, located on heavily traveled County Roadway #613 in Monroe, NJ, presents a unique investment opportunity. The 1500 square foot end cap space boasts a convenient drive-thru, making it ideal for a variety of businesses. Situated on a 6.41-acre lot, this property benefits from high visibility and accessibility. Previously occupied by a bank, the space is partially built out and includes features such as conference rooms, secure storage, and recessed lighting. The surrounding commercial center is fully leased with a strong tenant base, indicating a thriving and desirable location. The high-income area ensures a robust customer base. This property is perfect for a medical practice, dental office, physical therapy center, learning center, or a dining establishment. Expansion potential exists, with the possibility to lease up to 3000 square feet. The asking price is $2,000,000. This is a rare opportunity to acquire a well-located, versatile commercial space with significant potential for growth and profitability in a highly sought-after area. The property's existing infrastructure and prime location offer immediate occupancy and operational advantages. Don't miss this chance to secure a valuable asset in a thriving commercial market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.4264
- Latitude
- 40.35