25 Church St Keyport, NJ 07735

This versatile, three-story mixed-use commercial building in Keyport, NJ, offers 22,476 square feet of space on a 0.53-acre lot. Currently vacant, except for a small, month-to-month retail tenant on the first floor, the property presents a significant value-add opportunity. The building previously housed a restaurant and a food manufacturing operation, boasting substantial recent improvements exceeding $1 million. These include an insulated wash-down production room with concrete quartz floors, stainless steel French drains, walk-in refrigerators/freezers, high-speed insulated roll-up doors, and a stainless steel cooking hood with exhaust and make-up air. The first and second floors each encompass approximately 8,238 square feet, while the unfinished third floor offers an additional 6,000 square feet, reflected in the asking price. The property features two loading docks, two drive-in doors, and a large paved parking lot. The building is zoned for general commercial use, encompassing neighborhood commercial district uses. A non-working freight elevator services all three floors. The asking price is $2,517,312, translating to $112 per square foot. The property is available immediately, with occupancy dating back to May 11, 2023. This presents a unique chance to acquire a substantial commercial property with significant upside potential in a desirable New Jersey location.