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23 Wallace St
Red Bank, NJ 07701
Ground Floor Office Condo · Office Property For Sale
Investment Highlights
- Vacant 2,500 SF office unit ideal for an owner/operator who wants to be within downtown Red Bank
- Tremendous location just minutes from the Garden State Parkway, Route 35, Red Bank train station, and the Jersey Shore
- 35 covered parking spaces that lead directly into the units, which is nearly impossible to find in downtown Red Bank
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
6,095 SF
Building Class
A
Year Built
2009
Price
$3,500,000
Price Per SF
$574.24
Cap Rate
7.11%
NOI
$248,868
Percent Leased
59%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
1,524 SF
Building FAR
0.13
Lot Size
1.04 AC
Zoning
CCD2
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