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Boutique Turn-Key Commercial Building 149 W Main St 2,440 SF Vacant Office Building Online Auction Sale Freehold, NJ 07728
INVESTMENT HIGHLIGHTS
- ±2,500 SF of Newly Renovated Office
- 15 current parking spaces with fully approved plans for a three-car garage and additional parking expansion.
- Renovated extensively in 2022, the building features new flooring, bathrooms, windows, and upgraded electrical systems.
- Located just 50 feet from Route 9 and less than one mile from downtown Freehold
EXECUTIVE SUMMARY
Colliers as exclusive advisor is pleased to offer for sale 149 West Main Street, Freehold, Monmouth County, NJ.
The Property represents a rare opportunity to acquire a fully renovated, standalone commercial building in the heart of Freehold Borough—one of Monmouth County’s most dynamic and economically robust corridors.
This two-story, ±2,500 SF property has been meticulously updated. Renovated extensively in 2022, the building features new flooring, bathrooms, windows, and upgraded electrical systems. Additional improvements include new moldings, a full basement for storage or expansion, kitchenette, balcony access, three bathrooms (including a shower), and central air conditioning.
The property offers on-site parking for up to 15 vehicles and benefits from prominent signage along West Main Street, ensuring excellent visibility. Fully approved plans are in place for a three-door garage and an expanded parking lot, providing significant potential for future growth.
Located just 50 feet from Route 9 and less than one mile from downtown Freehold, the property offers unmatched regional connectivity. Major thoroughfares—including Routes 33 and 18 and the Garden State Parkway—provide seamless access to Monmouth County, Middlesex County, and the greater New York metropolitan area. The surrounding trade area boasts a population of 281,000 within a 10-mile radius, with a median household income of $122,000.
With its modern infrastructure, strategic location, and strong surrounding demographics, 149 West Main Street is ideally positioned for an owner-user or investor seeking a turnkey commercial asset in a thriving New Jersey market.
The Property represents a rare opportunity to acquire a fully renovated, standalone commercial building in the heart of Freehold Borough—one of Monmouth County’s most dynamic and economically robust corridors.
This two-story, ±2,500 SF property has been meticulously updated. Renovated extensively in 2022, the building features new flooring, bathrooms, windows, and upgraded electrical systems. Additional improvements include new moldings, a full basement for storage or expansion, kitchenette, balcony access, three bathrooms (including a shower), and central air conditioning.
The property offers on-site parking for up to 15 vehicles and benefits from prominent signage along West Main Street, ensuring excellent visibility. Fully approved plans are in place for a three-door garage and an expanded parking lot, providing significant potential for future growth.
Located just 50 feet from Route 9 and less than one mile from downtown Freehold, the property offers unmatched regional connectivity. Major thoroughfares—including Routes 33 and 18 and the Garden State Parkway—provide seamless access to Monmouth County, Middlesex County, and the greater New York metropolitan area. The surrounding trade area boasts a population of 281,000 within a 10-mile radius, with a median household income of $122,000.
With its modern infrastructure, strategic location, and strong surrounding demographics, 149 West Main Street is ideally positioned for an owner-user or investor seeking a turnkey commercial asset in a thriving New Jersey market.
DATA ROOM Click Here to Access
- Purchase Agreement
MARKET ANALYTICS Click Here to Access
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Property Subtype
Medical
Building Size
2,440 SF
Building Class
C
Year Built
1980
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,250 SF
Slab To Slab
10’
Building FAR
0.06
Lot Size
0.92 AC
Opportunity Zone
Yes
Parcel Number
16-00105-0000-00014
Zoning
I0 - Medical Office
Parking
15 Spaces (6 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Shower Facilities
- Air Conditioning
- Balcony
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Fully updated in 2022, improvements include new flooring, bathrooms, windows, and modernized electrical systems. The building also features a roof updated within the last eight years, new moldings, a full basement, a kitchenette, balcony access, three bathrooms, including a shower, and central air. On-site parking accommodates up to 15 vehicles, and the building features prominent signage.
Fully updated in 2022, improvements include new flooring, bathrooms, windows, and modernized electrical systems. The building also features a roof updated within the last eight years, new moldings, a full basement, a kitchenette, balcony access, three bathrooms, including a shower, and central air. On-site parking accommodates up to 15 vehicles, and prominent building signage.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 500-1,220 SF | Office | Full Build-Out | Now |
| 2nd Floor | 500-1,220 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 500-1,220 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 500-1,220 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 500-1,220 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Fully updated in 2022, improvements include new flooring, bathrooms, windows, and modernized electrical systems. The building also features a roof updated within the last eight years, new moldings, a full basement, a kitchenette, balcony access, three bathrooms, including a shower, and central air. On-site parking accommodates up to 15 vehicles, and the building features prominent signage.
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Floor
| Size | 500-1,220 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Fully updated in 2022, improvements include new flooring, bathrooms, windows, and modernized electrical systems. The building also features a roof updated within the last eight years, new moldings, a full basement, a kitchenette, balcony access, three bathrooms, including a shower, and central air. On-site parking accommodates up to 15 vehicles, and prominent building signage.
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DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2024 Population
10,055
45,540
97,109
2020 Population
10,528
48,198
102,623
2029 Population
9,935
44,901
95,777
2024-2029 Projected Population Growth
-1.2%
-1.4%
-1.4%
Daytime Employees
12,969
37,290
66,822
Total Businesses
1,362
4,016
6,333
Average Household Income
$96,732
$137,617
$154,725
Median Household Income
$75,623
$108,352
$131,090
Total Consumer Spending
$102.2M
$633.1M
$1.5B
Median Age
37.1
41.9
43.8
2024 Households
3,264
15,956
33,830
Percent College Degree or Above
17%
26%
27%
Average Home Value
$402,399
$516,482
$570,000
SALE ADVISORS
SALE ADVISORS
Jacklene Chesler, Vice Chair
Jacklene serves as Vice Chair and provides Investment Sales & Advisory expertise to institutional and private investors. She focuses on all major product types including Office, Industrial, Retail, Residential/Mixed Use and Land. She has vast experience in working with Special Servicers (Loan and REO teams), Asset Mangers and other Fidicuciary Agents on CMBS and balance sheet properties, and other type of distressed assets. She is also very active with marketing and selling properties via online auctions, most notable Tenx.com.
Jacklene joined the firm in 2013. Prior to Colliers, she was a Director for the NKF Capital Markets Tri-State Team from 2008 to 2013. She has been a top 10% producer for Colliers from 2014 to current year and recognized for this achievement by being part of the prestigious Everest Club.
Jacklene joined the firm in 2013. Prior to Colliers, she was a Director for the NKF Capital Markets Tri-State Team from 2008 to 2013. She has been a top 10% producer for Colliers from 2014 to current year and recognized for this achievement by being part of the prestigious Everest Club.
Patrick Norris, Vice President
Patrick Norris, Vice President, has been part of the commercial real estate industry since 2016. He specializes in institutional, as well as private investor sale transactions throughout New Jersey and the surrounding tri-state metropolitan region. In addition to executing highly competitive traditional marketing campaigns, Patrick is an expert at selling properties via online auction platforms including Ten-X Commercial.
Patrick has been involved in the marketing and sale of office, retail, industrial and multi-family assets. He was recognized by Real Estate Weekly as a “2018 Rising Star of Real Estate”. Patrick was named to the Mid Atlantic Real Estate Journal’s 2022 “30 Under 30”. Also he received the Platinum Broker Award by Crexi.
Patrick is a member of National Association of Industrial and Office Professionals (NAIOP) Developing Leaders, Industrial and Office Real Estate Brokers Association (IOREBA) Next Gen and International Council of Shopping Centers (ICSC).
Patrick has been involved in the marketing and sale of office, retail, industrial and multi-family assets. He was recognized by Real Estate Weekly as a “2018 Rising Star of Real Estate”. Patrick was named to the Mid Atlantic Real Estate Journal’s 2022 “30 Under 30”. Also he received the Platinum Broker Award by Crexi.
Patrick is a member of National Association of Industrial and Office Professionals (NAIOP) Developing Leaders, Industrial and Office Real Estate Brokers Association (IOREBA) Next Gen and International Council of Shopping Centers (ICSC).
ABOUT THE AUCTION TECHNOLOGY
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
Read More
AUCTION CONTACT
Pace Zambito
Contact
Auctioneer License:
Ten-X Commercial, LLC Arlene Richardson RE Brkr 2187404
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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