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25 Church St

22,476 SF Retail Building Keyport, NJ 07735 $2,500,000 ($111/SF)

Investment Highlights

  • Versatile Multi Story Building
  • Stainless steel trench drains, a walk in refrigerator/freezer in the production room
  • Stainless steel cooking hood with exhaust and make-up air.
  • Building includes food manufacturer improvements - complete insulated wash-down production room with concrete quartz floors
  • Large walk-in freezer in the warehouse, high-speed insulated roll-up doors
  • Improvements have a replacement value of well over one million dollars,

Executive Summary

Mixed Use Commercial Building for Sale.
-3 Floors. 3rd floor is about 6,000 SF and unfinished which has been priced accordingly.
-1st and 2nd floor are about 8,238 SF each.
- Seller is a food manufacturer and is relocating to larger building.
- Over $1M in improvements sold with building are: 1) insulated wash down production room with concrete quartz floors, 2) Stainless steel french drains, 3) walk in refrigerator/freezer in the production room, 4) 2nd large walk in freezer in the warehouse, 5) high speed insulated roll up doors for securing production area from warehouse,6) stainless steel cooking hood with exhaust and make up air.
-One existing retail tenant in a small 1st floor space on a month to month lease arrangement
- 1st floor restaurant (formerly Drew’s Bay Street Bistro) moved across the street
- There is a non-working freight elevator servicing all floors.
- 2 Drive in doors
- Large paved parking lot
- General Commercially Zoned which includes neighborhood commercial district uses as well

Taxes & Operating Expenses (Actual - 2022) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2022) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
22,476 SF
Building Class
C
Year Built
1920
Price
$2,500,000
Price Per SF
$111
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
14’
Building FAR
0.97
Lot Size
0.53 AC
Zoning
GC - See Attached
Parking
20 Spaces (0.89 Spaces per 1,000 SF Leased)
Frontage
74 FT on Church St

Amenities

  • 24 Hour Access
  • Corner Lot
  • Storage Space

Nearby Major Retailers

IHOP
Rent-A-Center
PNC Bank
Stop & Shop
Valley National Bank
Provident Bank
Perkins

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24-00093-0000-00001
Land Assessment
$703,600 (2024)
Improvements Assessment
$1,398,300 (2024)
Total Assessment
$2,101,900 (2024)
Annual Taxes
($22,476) (($1.00)/SF)
Tax Year
2022
  • Listing ID: 27764580

  • Date on Market: 2/15/2023

  • Last Updated:

  • Address: 25 Church St, Keyport, NJ 07735

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