Current Use by Public Records
- Warehouses
Property Details for 405 Main St
- Year built
- 1900
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 6.6-acre property at 405 Main Street, Manalapan Township, NJ 07726, presents a lucrative investment opportunity. Fully approved plans exist for a 75,000 square foot self-storage facility, comprising two three-story buildings with interconnected drive aisles and a common parking area. The site boasts a prime location at a busy intersection of Tennet Road and Main Street, ensuring high visibility and traffic. All necessary approvals are in place, including city, county, DEP, and state permits, making this a shovel-ready project. The design includes ADA accessibility and one EV parking space. The existing approvals allow for a self-storage facility and a warehouse in the second building, but the property's zoning allows for flexibility, potentially accommodating warehousing, distribution, or manufacturing uses (subject to any necessary zoning or planning use changes by the buyer). Built in 1900, this two-story structure offers significant potential for redevelopment. The asking price is $2,495,000, and up to 90% SBA financing may be available for qualified buyers. This is a rare chance to acquire a fully permitted site in a high-traffic area with multiple development options. The property consists of one unit within a 7 square foot building.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Manalapan Township
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.3334
- Latitude
- 40.2806
