Share This Listing

Message

940 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Prime Main Street location in the heart of downtown Keyport, steps from Keyport Waterfront Park, shops, dining, and the waterfront promenade.
  • Opportunity for customization and completion of renovations, allowing for flexible design and tenant adaptation.
  • Strong retail visibility with an open floor plan, ideal for multiple uses such as boutique retail, restaurant, or professional office.
  • Mixed-use configuration comprising approximately 1,500 SF of retail/commercial space on the first floor and 1,400 SF of residential space on the secon
  • Features exposed brick walls that enhance historical character and create a unique aesthetic appeal.
  • Recent updates include two new furnaces, updated plumbing, and a newer roof, setting the stage for operational efficiency and long-term utility.

Executive Summary

Mixed-use opportunity in the heart of downtown Keyport, just steps from Keyport Waterfront Park. Enjoy a prime Main Street location near shops, dining, and the waterfront promenade. The first floor offers approximately 1,500 SF of retail or commercial space with strong visibility, while the second floor provides approximately 1,400 SF of residential space. Renovations have already begun, creating an excellent opportunity for a buyer to complete and customize the property to their vision. Exposed brick walls add historic character and design appeal throughout. The second floor was previously configured as a spacious two-bedroom apartment and may offer potential for reconfiguration, subject to municipal zoning and Planning Board approval. Buyer to conduct due diligence regarding permitted uses and approvals. With two new furnaces, updated plumbing, and a newer roof, this property offers a strong head start for a visionary investor, owner-occupant, or developer looking to establish or expand their presence in the growing borough of Keyport.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,900 SF
Building Class
B
Year Built
1900
Price
$948,403 CAD
Price Per SF
$327.04 CAD
Cap Rate
6.50%
NOI
$61,646 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.93
Lot Size
0.03 AC
Zoning
GC - General Commercial
Frontage
25’ on Broad Street
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Stop & Shop
PNC Bank
Valley National Bank
IHOP
Rent-A-Center
The Little Gym

Property Taxes

Property Taxes

Parcel Number
24-00021-01-00060
Land Assessment
$190,231 CAD (2025)
Improvements Assessment
$415,274 CAD (2025)
Total Assessment
$605,505 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 40102897

  • Date on Market: 2026-04-10

  • Last Updated:

  • Address: 42 Broad St, Keyport, NJ 07735

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}