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Hovance, Hovance, Jensen & Applegate 3011 Route 37 E 3,704 SF 100% Leased Office Building Toms River, NJ 08753 $675,000 ($182.24/SF)
INVESTMENT HIGHLIGHTS
- Approved Site Plan
- Great Visability
- Mixed Use Building
EXECUTIVE SUMMARY
Amazing opportunity to own this mixed-use building on the highly visible corner of Route 37 and Fischer Blvd. Site plan is approved with 11 parking spaces and conceptual Architectual's are done. Downstairs has been gutted creating a blank slate for your ideas. First floor is designed to be professional office and storage to the rear. Upstairs currently is a 2-bedroom apartment and additional dry storage. Potential for a second apartment or more office with approval by the town. The residentail tenant and well drilling company could remain as tenants producing income while you complete your design.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
3,704 SF
Building Class
C
Year Built/Renovated
1945/2002
Price
$675,000
Price Per SF
$182.24
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,852 SF
Building FAR
0.43
Lot Size
0.20 AC
Zoning
Commercial - Highway Business Zone
Parking
11 Spaces (2.97 Spaces per 1,000 SF Leased)
AMENITIES
- Partitioned Offices
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Bayshore Motors
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Bayshore Motors | Retailer | - | - | - |
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PROPERTY TAXES
| Parcel Number | 08-00794-08-00005 | Improvements Assessment | $305,800 |
| Land Assessment | $126,000 | Total Assessment | $431,800 |
PROPERTY TAXES
Parcel Number
08-00794-08-00005
Land Assessment
$126,000
Improvements Assessment
$305,800
Total Assessment
$431,800
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Hovance, Hovance, Jensen & Applegate | 3011 Route 37 E
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