34 E Main St
8,260 SF 25% Leased Retail Building Freehold, NJ 07728 $1,950,000 ($236/SF)
EXECUTIVE SUMMARY
Wonderful opportunity to own a landmark property in Freehold Borough. Freehold Borough Real Estate is in high demand. A retail/ office possible mixed use property on Main Street, downtown Freehold Borough the County Seat of Monmouth County. This property consists of two separate buildings on an 8,799 square foot lot. There is plenty of public parking in the area including a large municipal parking lot adjacent to the property. One of the buildings is a former bank 3,300 square feet on two stories with three drive up lanes. The other building has two retail stores that front on Main Street. There is 2,400 square feet on the second story that was formerly office space. It may be possible to convert both second story spaces to residential apartments.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,260 SF
Building Class
C
Year Built/Renovated
1950/2003
Price
$1,950,000
Price Per SF
$236
Percent Leased
25%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.58
Lot Size
0.12 AC
Zoning
B-2, Freehold Boro - Office / Business
Frontage
58’ on E Main St
AMENITIES
- Restaurant
- Security System
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Air Conditioning
Walk Score®
Very Walkable (85)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 16-00062-0000-00012 | Improvements Assessment | $1,958,000 |
| Land Assessment | $715,000 | Total Assessment | $2,673,000 |
