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1050 W Main St
Freehold, NJ 07728
Office Property For Sale

Investment Highlights

  • In view of CentraState Hospital only 800 feet away
  • Approvals for up to an additional 19,648 sf of building
  • Very attractive MOB set on 4 landscaped acres
  • Potential of this corner site becoming signalized in the near future (under study now)

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
3,600 SF
Building Class
C
Year Built
1983
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,600 SF
Building FAR
0.02
Lot Size
4.00 AC
Zoning
Professional Office "P-1"
Parking
22 Spaces (6.11 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Partitioned Offices

About 1050 W MAIN ST , FREEHOLD, NJ 07728

This building has had only one owner/occupant in 35 years, a successful plastic surgeons pratice and he is now considering retirement. Please see the attached floor plan of the existing building. This building shows good functional value and even of possibly greater value is this corner location across from CentraState Hospital. Monmouth County has presently under study the placement of a traffic light at this intersection of West Main Street (aka CR 537/Freehold-Smithburg Road) and Sentinel Road. The owner had a 2012 Preliminary Major Site Plan Approval (Resolution and Plan attached) for the addition of 1,600 sf to the existing 3,600 sf structure as well as for the construction of an 18,048 sf one-story office building. Reapplication would be required, but no changes have occurred in this zone. The existing and proposed would be on the same 4.0 acre tax lot. The buildings would have access to Sentinel Road. There are building renderings and floor plan also included in this marketing package. There are full utilities to the existing building and available in Sentinel Road for the proposed building. The April 12, 2012 Preliminary Major Site Plan is eligible for applying to the Freehold Planning Board for an extension under the Municipal Land Use Law provisions in Monmouth County. The seller/lessor may consider a triple net unsubordinated ground lease for negotiated price and term with a highly credited tenant.

Property Taxes

Property Taxes

Parcel Number
17-00087-0000-00003-03
Land Assessment
$1,000,000
Improvements Assessment
$579,400
Total Assessment
$1,579,400
  • Listing ID: 13924962

  • Date on Market: 9/30/2018

  • Last Updated:

  • Address: 1050 W Main St, Freehold, NJ 07728

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