285 Parker Road, Eatontown, NJ

$1,375,000

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5,602

Square feet

0.75

Acres

About 285 Parker Road

Healthcare professionals and investors won't want to miss this chance to own a well-maintained medical / professional building in the heart of beautiful Eatontown! This nicely planned and spacious 5,600 (+/-) sq ft medical office building is close to major highways, Monmouth University and the Mall and sits on a large lot with its own private parking lot. The upper floor is currently used as a chiropractic office, but has many possible medical and professional uses. Income investors will appreciate the low expenses and strong income potential yielding an impressive cap rate. Building currently has approximately 1500 sf of vacant office space perfect for an additional tenant or owner use. Don't miss out on a rare opportunity to own this conveniently located commercial building. 285 Parker Road boasts upgrades including a new roof, new HVAC systems and has recently been painted (exterior). The building has many uses and outstanding financials including a proforma cap rate of approximately 7%. With the current market's low inventory of high-quality investment properties, this one won't last!

Features of 285 Parker Road

MLS® # 22330304
Price $1,375,000
Bathrooms 0.00
Square Footage 5,602
Acres 0.75
Year Built 1986
Type Commercial Sale
Sub-Type Office
Status Active

Community Information

Address 285 Parker Road
Area Eatontown (EAT)
City Eatontown
County Monmouth
State NJ
Zip Code 07724

Amenities

Parking Spaces 23
Parking Off Street, Lighted, On Site, Paver Block
Is Waterfront No
Has Pool No

Interior

Interior Features Fire Alarm, Sprinkler
Heating Baseboard, Forced Air
Cooling Central Air
Fireplace No

Exterior

Roof Shingle

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

AgentDarren Tietsworth
OfficeRE/MAX Select

Listing Map

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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth County Association of REALTORS®, and is updated as of June 19th, 2024 at 3:30pm EDT (date/time). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.