2 Kings Highway, Middletown, NJ 07748

$486,156.78

Virtual Tour

http://rdplex.com/55-53-Maple/app-files/

Property Type: Commercial Lease Square Footage: 5,531 Lot Size (sq. ft.): 23,087 Status: Closed

Current Price: $486,156.78 List Date: 7/19/2024 Last Modified: 2/20/2025

Overview

Description

This stand-alone 5,531 sq ft building is located on the prime corner of Kings Highway and Route 35 in Middletown near the Municipal Building/Police station. The building was last rented to a medical care practice for over 30 years. This location is zoned B-3 which allows for many uses, such as, Urgent Care, Wellness Center, Veterinary/Animal Hospital/Boarding, Physical Therapy, Pain Management Center, Florist, Deli, etc. (The zoning chart is available in the ''Documents'' tab.) 19 Parking Spaces are on site (2 of which are handicap spots). Two-zoned HVAC on premises. The Tenant is responsible for real estate taxes, all utilities and interior repairs. The Landlord is responsible for the roof, HVAC repairs, landscaping, garbage removal & snow plowing. Rent is $26.50 per sq ft. A

Supplements: minimum lease term of 3 years is required. The Landlord will consider a fit out for a 5-year lease. 5 to 15 minutes to most neighboring municipalities: Red Bank, Fair Haven, Rumson, Shrewsbury, Hazlet, Holmdel, Port Monmouth, Belford, Leonardo, Atlantic Highlands, Highlands, Keyport, Keansburg and Union Beach. 10 minutes to the GSP. 5 minutes ... (Read more)

Listing Details MLS# 22420644

Contract Info

Property Sub-Type: Commercial
Sale: No
Lease: Yes
Lease Price: 26.5
New Construction: No
Lease Price Per/SqFt: 0

Location

House Number: 2
Street Name: Kings
Street Suffix: Highway
County: Monmouth
Municipality: Middletown (MID)
Postal City: Middletown
State: NJ
Zip Code: 07748
Area/Section: None
Directions: On the corner of Kings Highway & Highway 35

General Property Info

Handicap Access: Yes
# Levels: Yes
Apx SqFt: 5531
Apx Year Built: 1955
Garage: No
# Parking Spaces: 19
Acreage: 0.53
Lot Dimensions: 121 x 190
# Car Garage: 0

Tax and Legal

Asmnt - Total: 1112700
Taxes: 19221
Tax Year: 2023

Status Change Info

Under Contract Date: 2024-09-14
Sold Date: 2024-10-01

Use

Bakeries/Shop: Yes
Deli/Catering: Yes
Florist Shop: Yes
Medical: Yes
Other: Yes

More Information

Zoning

Commercial: Yes

Electric

200 - 400 AMP: Yes
Three Phase: Yes

Gas

On Site: Yes

Cooling

Central Air: Yes

Water Heater

Natural Gas: Yes

Heating

Forced Air: Yes

Water

Public Water: Yes

Sewer

Public Sewer: Yes

Parking

Parking Lot: Yes

Assessment Status

Assessed: Yes

Construction/Siding

Brick: Yes

Landlord Pays

Garbage Removal: Yes
Grounds Care: Yes
Insurance: Yes
Snow Removal: Yes

Property Features

Use: Bakeries/Shop; Deli/Catering; Florist Shop; Medical; Other Cooling: Central Air Heating: Forced Air Water Heater: Natural Gas Water: Public Water Sewer: Public Sewer Gas: On Site Electric: 200 - 400 AMP; Three Phase Parking: Parking Lot Zoning: Commercial Landlord Pays: Garbage Removal; Grounds Care; Insurance; Snow Removal Assessment Status: Assessed

Listing Office: Coldwell Banker Realty

Listing Agent: Jeanne A. Rich

Last Updated: February - 20 - 2025

Broker Attribution: 732-439-0016

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 Ocean Regional REALTORS®, and site contains live data. 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.