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Historical Washington Street 250 Washington St

10,405 SF 80% Leased Office Building Toms River, NJ 08753 $1,500,000 ($144/SF) 10.12% Cap Rate

Executive Summary

Multi tenanted office building located walking distance to Ocean County Courthouse. Currently configured as Twenty three (23) office suites but at one time was one single occupant. Listed on historic registry but not restricted known as the Perry House.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
10,405 SF
Building Class
B
Year Built
1844
Price
$1,500,000
Price Per SF
$144
Cap Rate
10.12%
NOI
$151,851
Percent Leased
80%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,875 SF
Slab To Slab
12’
Building FAR
0.31
Lot Size
0.78 AC
Zoning
VO
Parking
44 Spaces (4.23 Spaces per 1,000 SF Leased)

Amenities

  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste A3
  • 351 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Fl-Ste A5
  • 240 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Fl-Ste A7
  • 800 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Fl-Ste A9
  • 342 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Fl-Ste D3
  • 358 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
2nd Fl-Ste A3 351 SF Office Full Build-Out Now
2nd Fl-Ste A5 240 SF Office Full Build-Out Now
2nd Fl-Ste A7 800 SF Office Full Build-Out Now
2nd Fl-Ste A9 342 SF Office Full Build-Out Now
2nd Fl-Ste D3 358 SF Office Full Build-Out Now

2nd Fl-Ste A3

Size
351 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste A5

Size
240 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste A7

Size
800 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste A9

Size
342 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste D3

Size
358 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-00680-0000-00116
Land Assessment
$374,400
Improvements Assessment
$1,327,000
Total Assessment
$1,701,400
  • Listing ID: 29940507

  • Date on Market: 11/1/2023

  • Last Updated:

  • Address: 250 Washington St, Toms River, NJ 08753

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