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133-135-137 & 138 Monmouth Street 133-135-137 Monmouth Street

18,258 SF 26% Leased Retail Building Red Bank, NJ 07701 $4,950,000 ($271/SF)

Investment Highlights

  • Mixed Used Retail Office & Warehouse Components
  • Downtown Red Bank User Investor Opportunity
  • Additional Parking Lot - Total of 17 Parking Spaces

Executive Summary

Brand New to the Market! Downtown Red Bank Portfolio of 18,258 SF Mixed-use building + Parking Lot (17 Spaces).
Ideal for User / Investor
Legacy Commercial is pleased to present 133-135-137 Monmouth Street & 138 Monmouth Street which is a +/- 18,258 SF freestanding mixed-use building that is currently 26.1% occupied and additional 14 car parking lot for sale. Please refer to the rent roll for Tenant information. (Please inquire further for this information. 908-770-0686. matt@legacyrealtynj.com)

133 Monmouth Street is a +/- 4,500 SF open warehouse space that has 1 drive in door (12’ x 14’) with 18’ clear height ceilings.

135-137 Monmouth Street consists of +/- 2,574 SF occupied retail store and 4 separate offices with two on 1st floor and two on 2nd floor. The property also has a +/-2,109 SF basement that the retail Tenant has access to.

138 Monmouth Street is a parking lot with 14 striped spaces. There are 3 parking spaces onsite at 133-135-137 Monmouth Street. 17 total parking spaces.
Address: 133-135-137 Monmouth Street & 138 Monmouth Street
Block, Lots: Block: 42, Lot(s): 5 & 6 and Block: 33, Lot: 13
Total Building SF: 18,258 SF (Two-Story Building with Elevator)
Asking Price: $4,950,000.00
% Occupied: 26% Occupied
Total Lot Size: 0.34 AC for 133-135-137 Monmouth and 0.17 AC for 138
2023 RE Taxes: $27,309.41 (Both properties)
Zoning: BR-1 (Business Residential-1)
Utilities: The property is connected to all public utilities.
Frontage: 100 ft. of street frontage on Monmouth Street.
Year Built: 1920
Year Renovated: 2021
Parking Spaces: 17 Total Parking Spaces. 3 spaces at 133-135-137 Monmouth & 14 spaces at 138 Monmouth
- Located near the Red Bank Train Station and the Count Basie Theatre, this site offers excellent accessibility and an attractive setting for businesses and visitors.
- The property is located next to a brand new redevelopment project at 129 Monmouth Road, which includes plans for a new 45-unit multi-family apartment building.
- Red Bank serves as a dynamic hub within Monmouth County, featuring a walkable downtown and seamless access to major transportation routes, including direct train service to New York City.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
18,258 SF
Building Class
C
Year Built/Renovated
1920/2021
Price
$4,950,000
Price Per SF
$271
Percent Leased
26%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.47
Lot Size
0.17 AC
Zoning
BR-1 - BR-1 (Business Residential-1)
Parking
17 Spaces (0.93 Spaces per 1,000 SF Leased)
Frontage
111 FT on Monmouth St

Amenities

  • Commuter Rail
Walk Score ®
Walker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

The YMCA
Bank of America
PNC Bank
pure barre
OceanFirst Bank
Valley National Bank
The Melting Pot
Td Ameritrade
Starbucks
Cluck-U-Chicken
  • Listing ID: 33583739

  • Date on Market: 10/21/2024

  • Last Updated:

  • Address: 133-135-137 Monmouth Street, Red Bank, NJ 07701

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