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Healthcare professionals and investors won't want to miss this chance to own a well-maintained medical / professional building in the heart of beautiful Eatontown! This nicely planned and spacious 5,600 (+/-) sq ft medical office building is close to major highways, Monmouth University and the Mall and sits on a large lot with its own private parking lot. The upper floor is currently used as a chiropractic office, but has many possible medical and professional uses. Income investors will appreciate the low expenses and strong income potential yielding an impressive cap rate. Building currently has approximately 1500 sf of vacant office space perfect for an additional tenant or owner use. Don't miss out on a rare opportunity to own this conveniently located commercial building. 285 Parker Road boasts upgrades including a new roof, new HVAC systems and has recently been painted (exterior). The building has many uses and outstanding financials including a proforma cap rate of approximately 7%. With the current market's low inventory of high-quality investment properties, this one won't last!PROPERTY FEATURES
Water Source :
Public
Sewer Source :
Public Sewer
Parking Features:
Off Street, Lighted, On Site, Paver Block
Parking Total:
23
Cooling:
Central Air
Heating :
Baseboard, Forced Air
Interior Features:
Fire Alarm, Sprinkler
Basement Description :
Heated, Partially Finished, Tenant Access, Tenant Storage, Walk-Out Access
Flooring :
Vinyl, Tile, Other
PROPERTY DETAILS
Street Address: 285 Parker Road
City: Eatontown
State: New Jersey
Postal Code: 07724
County: Monmouth
MLS Number: 22330304
Year Built: 1986
Courtesy of RE/MAX Select
City: Eatontown
State: New Jersey
Postal Code: 07724
County: Monmouth
MLS Number: 22330304
Year Built: 1986
Courtesy of RE/MAX Select
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