2 Kings Highway, Middletown, NJ 07748
$486,156.78
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
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 to the Train station.
More Information MLS# 22420644
Contract Info
Sale: No
Lease: Yes
Lease Price: 26.5
Lease Price Per/SqFt: 0
New Construction: No
Status: Closed
List Date: 2024-07-19
Property Sub-Type: Commercial
Current Price: $486,156.78
Location
Area/Section: None
House Number: 2
Street Name: Kings
Street Suffix: Highway
County: Monmouth
Municipality: Middletown (MID)
Postal City: Middletown
State: NJ
Zip Code: 07748
Directions: On the corner of Kings Highway & Highway 35
General Property Info
Handicap Access: Yes
# Levels: 1
Acreage: 0.53
Lot Dimensions: 121 x 190
Garage: No
# Car Garage: 0
# Parking Spaces: 19
Apx SqFt: 5531
Apx Year Built: 1955
Tax and Legal
Asmnt - Total: 1112700
Taxes: 19221
Tax Year: 2023
Use
Bakeries/Shop: 1
Deli/Catering: 1
Florist Shop: 1
Medical: 1
Other: 1
Zoning
Commercial: 1
Electric
200 - 400 AMP: 1
Three Phase: 1
Gas
On Site: 1
Cooling
Central Air: 1
Water Heater
Natural Gas: 1
Heating
Forced Air: 1
Water
Public Water: 1
Sewer
Public Sewer: 1
Parking
Parking Lot: 1
Assessment Status
Assessed: 1
Construction/Siding
Brick: 1
Landlord Pays
Garbage Removal: 1
Grounds Care: 1
Insurance: 1
Snow Removal: 1
Status Change Info
Under Contract Date: 2024-09-14
Sold Date: 2024-10-01
Sold Price: $486,156.78
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.