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Investment Highlights
- RED HOT RED BANK
- 3,000 SF RETAIL/RESTAURANT
- EXCEPTIONAL LOCATION
- BROAD STREET LOCATION
- IDEAL FOR RETAIL USER
- HIGH CEILINGS
Executive Summary
3,000 sf retail/restaurant building located in the heart of downtown Red Bank just listed for sale. Three separate tenant spaces with separate utilities and meters. Ideal for investor, retail user seeking 1,300 sf or a restaurant user seeking from 1,300 to 2,600 sf of prime space in Red Hot Red Bank. The 1,300 sf vacant retail space was formerly occupied by Red Bank Upholstery, the owner for over 60 years, and ideal for user. The adjacent space is 1,300 sf leased to a restaurant with a full kitchen on month to month basis. The restaurant use could be expanded into the vacant retail space for a combined restaurant space of 2,600 sf. The last of the three spaces is 400 sf leased to a jeweler on a lease. New roof. Exceptional location. First time on the market in over 60 years. Estate sale.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
3,000 SF
Year Built
1983
Price
$2,202,448 CAD
Price Per SF
$734.15 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 39-00029-0000-00029 | Improvements Assessment | $305,314 CAD |
| Land Assessment | $1,045,337 CAD | Total Assessment | $1,350,651 CAD |
Property Taxes
Parcel Number
39-00029-0000-00029
Land Assessment
$1,045,337 CAD
Improvements Assessment
$305,314 CAD
Total Assessment
$1,350,651 CAD
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49 Broad St
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