701-703 Monroe Ave - Flex FOR SALE


Asbury Park, NJ 07712
$2,499,999 USD
732-272-6046
701-703 Monroe Ave, Asbury Park, NJ for Sale
$2,499,999 USD
Flex - FOR SALE
1/20
null | Request Cap Rate

701-703 Monroe Ave
Asbury Park, NJ 07712


OVERVIEW

Exceptional opportunity to acquire prime real estate in one of the fastest-growing pockets of Asbury Park. Located along the Monroe Ave corridor near Bangs Ave, this site sits in an area undergoing significant transformation, with multiple mixed-use projects approved and under construction nearby. Zoning permits mixed-use development with retail at street level and residential above, with nearby approvals supporting mid-rise construction. Strong frontage and visibility with close proximity to Downtown Cookman Ave, the Asbury Park Boardwalk, and NJ Transit rail service. Asbury Park has been named a top beach town by Travel + Leisure, while nearby Netflix investment is fueling continued population growth, increased tourism, and long-term housing demand.

FOR SALE DETAILS

PRICE

$2,499,999 USD

PRICE/SF

$685 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

04-02608-0000-00007

ASK ABOUT THIS PROPERTY

Charles Vanden-BulckeWard Wight Sotheby's International RealtyMore Info
732-272-6046

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

Charles Vanden-BulckeWard Wight Sotheby's International RealtyMore Info
732-272-6046

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