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Town Tire - Matawan, NJ 938 Rt-34 12,000 SF Retail Building Matawan, NJ 07747 $3,500,000 ($291.67/SF)
Investment Highlights
- Built with porcelain shop floors, high clear heights, and separated 7-bay and 5-bay shop areas suitable for multi-tenant or expanded use.
- This property has frontage on Route 34, the main road through Matawan, which sees over 20,000 vehicles per day.
- Easy ingress/egress and ample on-site parking on a 0.5-acre parcel.
- Includes a ±2,000 SF updated showroom & waiting area with front desk & customer lounge plus ±2,000 SF second-floor offices with a private entrance.
- This facility sits under 45 minutes from New York City, offering access to a large, highincome commuter base.
- For business financials and analysis, please contact the listing brokers.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale Town Tire, a Goodyear-authorized tire and auto service center located at 938 NJ-34 in Matawan, NJ. The 12,000 SF facility is in excellent condition, with 12 service bays, a waiting area, and second-floor offices. This absentee business offers an excellent foundation for a hands-on operator or regional group to drive growth. This opportunity includes both a proven, profitable business and the underlying real estate, providing buyers with a stable operational platform and a valuable property asset.
In Cooperation With Sands Investment Group New Jersey, LLC - Lic. #2187470 BoR: Tom Gorman - Lic. NJ #2187471
In Cooperation With Sands Investment Group New Jersey, LLC - Lic. #2187470 BoR: Tom Gorman - Lic. NJ #2187471
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
12,000 SF
Building Class
C
Year Built
1974
Price
$3,500,000
Price Per SF
$291.67
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.55
Lot Size
0.50 AC
Zoning
HI - provide adequate, appropriate area for industrial uses that have a significant nuisance potential.
Parking
45 Spaces (3.75 Spaces per 1,000 SF Leased)
Frontage
84’ on Rt 34
Amenities
- Freeway Visibility
Walk Score®
Very Walkable (76)
Nearby Major Retailers
Property Taxes
| Parcel Number | 31-00049-0000-00033 | Improvements Assessment | $1,540,000 |
| Land Assessment | $660,000 | Total Assessment | $2,200,000 |
Property Taxes
Parcel Number
31-00049-0000-00033
Land Assessment
$660,000
Improvements Assessment
$1,540,000
Total Assessment
$2,200,000
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Town Tire - Matawan, NJ | 938 Rt-34
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