22 LEWIS ST #5, Eatontown, NJ 07724
22 LEWIS ST #5, Eatontown, NJ 07724
22 LEWIS ST #5, Eatontown, NJ 07724
22 LEWIS ST #5, Eatontown, NJ 07724
22 LEWIS ST #5, Eatontown, NJ 07724
22 LEWIS ST #5, Eatontown, NJ 07724
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John Walker

John Walker

+1(410) 299-6739
Listed by Peter Han • PK PROPERTY INC.
$ 1,190,000
Est. payment | /mo
Save
$ 1,190,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID NJMM2004076

Year Built 1910

Annual Tax Amount $11,943

Tax Year 2018

Lot Dimensions 121.00 x 95.00

Property Sub-Type Retail

Source BRIGHT

Property Description

AN INVESTMENT PROPERTY !!! ,Strip center with 5 commercial tenants such as Pizza restaurant : NEW TENANT JUST SIGNED WITHIN 6 MONTHS AGO FOR 10 YEARS ,$2,500.00/ monthly rent , and It's being redecoratedvery newly now, Electronic smoke( Cigar & Cigarette Accessories.... ): $2,400.00/ monthly rent, NEW TENANT SIGNED 4 MONTHS AGO FOR 15 YEARS,. Hair Salon :$1,020.00 /monthly rent , TENANT HAS BEEN HERE FOR LONG TIME SO MONTH TO MONTH, the landlord can obtain a new tenant whenever this tenants inform the lkandlord NO EXTEND LEASE. Dry Cleaner : $1,550.00 /monthly rent, TENANT HAS BEEN HERE FOR LONG TIME AND renew for another for 10 years when 1 remaining lease expires, ( Drop Shop , business owner send out all clothes to big dry cleaner store ,they don't do here ) without machine , Unit 5 : 1,500.00/ monthly rent , dance studio , Municipal parking lot for 50 Cars , parking lot is belong to Township so township will be responsible for cleaning , real estate tax & insurance , removal snow , all expenses. ( Everyone can use parking lot , NOT BELONG TO THE SELLER) , great opportunity for stable income, seller wants to sell because health issue ,Several national franchise around here including Mcdonald , 7-11 convenient store... , very crowd and busy area and city downtown , most tenant have been here for years, MUST SEE!!! , Annual gross rental income is $105,240.00 and all expenses:$21,000.00 so NET ANNUAL RENTAL INCOME IS $84,240.00

Location

State NJ

County Monmouth

Area Eatontown Boro (21312)

Zoning COMMERCIAL

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 32.0

Utilities Available Natural Gas Available, Electric Available, Water Available, Sewer Available

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 32

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Monmouth Regional H S Di Schools

Others

Tax ID 12-00901-00001

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Financing Cash,Conventional,Exchange

Special Listing Condition Standard

Bright MLS (BMLS)

Schools and Properties Nearby

John Walker

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(410) 299-6739

johnnywalkerproperties@gmail.com

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22 LEWIS ST #5