21 Broad St - Storefront FOR SALE


Red Bank, NJ 07701
$4,900,000 USD
732-747-5575
21 Broad St, Red Bank, NJ for Sale
$4,900,000 USD
Storefront - FOR SALE
1/7
null | Request Cap Rate

21 Broad St
Red Bank, NJ 07701


HIGHLIGHTS

  • ICONIC DOWNTOWN RED BANK BUILDING
  • FULLY APPROVED FOR BAR/RESTAURANT
  • IDEAL LOCATION IN 'BROADWALK'
  • 39 FOOT WIDTH CLEAR SPAN INTERIOR
  • READY FOR FITUP
  • LIQUOR LICENSE AVAILABLE AS WELL

OVERVIEW

Just reduced for quick sale. Ideal for an exchange looking to close by year end. This is one of the finest buildings in downtown Red Bank located directly in the heart of newly created "Broadwalk." This iconic three story building with a lower level has been totally gutted at significant expense and is ready for interior fit up and has just received valuable approvals for a new bar/restaurant complete with a roof top deck. Plans and approvals are complete. Featuring full walls of glass on the second and third floors, 12 ' high ceilings on the first floor, concrete and steel flooring, concrete block wall bearing walls, 39 feet of width clear span, fully sprinklered throughout, approved for the installation of a new elevator with access to all four floors, lower level approved for wine tasting and storage, much more. Ideal for a high end restaurant looking for one of the most desirable locations and buildings in downtown Red Bank. Also, now available with a liquor license for additional fee. Netflix is coming. Get in now. Liquor license for restaurant use now also available for additional price. Call for info.

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$408 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Bar, Restaurant, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,938 SF

ZONING

MU-0

APN/PARCEL ID

39-00028-0000-00008

ASK ABOUT THIS PROPERTY

Geoffrey M. Brothers, CCIMBrothers Commercial Brokerage, IncMore Info
732-747-5575

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Geoffrey M. Brothers, CCIMBrothers Commercial Brokerage, IncMore Info
732-747-5575

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.