Prime 2nd Floor Commercial Space for Lease at 507 Broad Street, Shrewsbury, Seize the opportunity to elevate your business with this exceptional 2,500± square foot 2nd floor commercial space Perfectly positioned on the bustling Broad Street (Highway 35), adjacent to the renowned Grove Shopping Center, this property offers… Read More unparalleled visibility and accessibility in a high-traffic corridor. Located just minutes from vibrant Red Bank, with the Red Bank NJ Transit station (1.5 miles) and Newark Liberty International Airport (41.4 miles) easily accessible, this prime location ensures convenience for clients and employees. The surrounding area boasts a 2024 population of 11,738 within a 1-mile radius and a median household income household income of $109,959, providing a strong and affluent customer base. ,Situated in the B-1 Zone, this 2nd-floor space (no elevator access) is designed for versatility, accommodating a wide range of permitted uses, including professional offices, medical practices, med spas, or general business operations. featuring large windows for abundant natural light, two brand-new bathrooms, and a kitchen, creating a professional and inviting environment. With a parking ratio of 3.73/1,000 SF ( 8 Spots) the property offers ample on-site and on-street parking for ease of access. Key Highlights: Prime Location: High-visibility on Broad Street (Hwy 35) next to The Grove Shopping Center, ideal for capturing foot and vehicle traffic. Flexible Uses: Zoned B-1, perfect for offices, medical practices, med spas, or general business. Ample Parking: Large on-site parking lot plus on-street parking for convenience. Competitive Lease Terms: NNN offering excellent value in a high-demand area. Take advantage of this chance to establish your business in a modern, high-visibility 2nd-floor space in the heart of Shrewsbury. Discover the potential of this outstanding commercial space. Read Less
Courtesy of Sahar I Karykous, Resources Real Estate.
Listing Snapshot
Days Online
155
Last Updated
Property Type
Commercial
Square Ft.
6,962
Lot Size
0.4 Acres
Year Built
1952
MLS Number
22527021
30 Days Snapshot Of 07702
$835k
-31%
(avg) sold price
1
-50%
home sold
57
-31%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
"Full", "Other"
Building
Built in 1952, Building area total: 6,962, Leasable area: 2,500
Cooling
"Central Air", "Other", "Electric"
Floors
"See Remarks"
Heating
"See Remarks"
Lot
0.4 acres, 17,424 square feet, Area: 0.4, "See Remarks"
Parking
8 total parkings, "Off Street", "On Street", "Assigned", "Paver Block"
Property
"Other - See Remarks"
Roof
"Other", "Asphalt"
Security Features
"Fire Alarm", "Fire Sprinkler System"
Sewer
"Public Sewer"
Taxes
Tax annual amount: $35,858, Tax year: 2024
Utilities
Electric: "110 Volt"
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