59 Avenue at the Commons - Office CONDO FOR SALE


Shrewsbury, NJ 07702
$819,900 USD
732-229-3532
59 Avenue at the Commons, Shrewsbury, NJ for Sale
$819,900 USD
Office CONDO - FOR SALE
1/26
null | Request Cap Rate

59 Avenue at the Commons
Shrewsbury, NJ 07702


HIGHLIGHTS

  • Priced below assessed Value! Double Unit 101/102 assessed at $1M+
  • Approximately 3,500 SF of prime professional office space available in the heart of Shrewsbury, offering direct access to Route 35.

OVERVIEW

Priced below assessed Value! Double Unit 101/102 assessed at $1M+ | Approximately 3,500 SF of prime professional office space available in the heart of Shrewsbury, offering direct access to Route 35. Ideally situated less than half a mile from the Main Gate of the Fort Monmouth Redevelopment Project—future home of one of the world's largest Netflix production studios. This offering includes two contiguous first-floor condo units featuring 9+ private offices, a spacious reception area, dedicated conference room, kitchenette with rear access, and a dry basement with secure storage. Enjoy abundant natural light throughout this full wing of a well-maintained, professionally managed building equipped with an elevator, new siding, and an upgraded front entry porch. An exceptional opportunity for an owner-occupant or investment in a high-growth corridor.

FOR SALE DETAILS

PRICE

$819,900 USD

PRICE/SF

$234 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

20,977 SF

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

85

LAND DETAILS

LAND ACRES

1.61 AC

LAND SF

70,132 SF

ZONING

Professional

APN/PARCEL ID

44-00070-01-00004

ASK ABOUT THIS PROPERTY

Kerrin O'BrienO'Brien RealtyMore Info
732-229-3532

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Kerrin O'BrienO'Brien RealtyMore Info
732-229-3532

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