Cash Cow Investment Opportunity - Prime Mixed-Use Property in the heart of Red Bank - Fully Rented - Annual cash flow of $105,432 with annual increases in place for the commercial unit! Tenants pay for all utilities. NOI of $87,533. Rare 8% Cap rate investment. Potential to add 3rd floor… Read More with additional apartments. Unlock exceptional income potential with this fully renovated mixed-use property, ideally located near downtown Red Bank and just minutes from the upcoming Netflix Studios. This versatile building features a ground-floor commercial space with strong visibility and foot traffic—perfect for a variety of business types. Upstairs, you'll find two beautifully renovated residential units (2024), including a spacious one-bedroom and a stylish studio—both offering modern finishes and move-in ready appeal. Located just blocks from Riverview Medical Center, Red Bank's vibrant restaurants, boutiques, and nightlife, this property is a magnet for both tenants and business patrons alike. Read Less
Courtesy of Kyle Golden, C21 Thomson & Co..
Listing Snapshot
Days Online
1
Last Updated
Property Type
Commercial
Square Ft.
2,360
Lot Size
0.04 Acres
Year Built
2000
MLS Number
22513960
30 Days Snapshot Of 07701
$891k
-6%
(avg) sold price
30
+57%
homes sold
74
-45%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 2000, Building area total: 2,360
Cooling
"Central Air"
Lot
0.04 acres, 1,742 square feet, Area: 0.04
Parking
"On Street"
Sewer
"Public Sewer"
Taxes
Tax annual amount: $12,899, Tax year: 2024
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Confirm your time
Fill in your details and we will contact you to confirm a time.
