Property profile

177 Broad St Red Bank, NJ 07701

OFF-MARKET
Retail properties & Spaces
1,890 SF
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Total area 1,890 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

177 Broad St Red Bank, NJ 07701
Red Bank metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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