10 Monmouth Street Red Bank, NJ 07701

Commercial-Other MLS #: 22513960 Listed By CENTURY 21 Thomson & Co

Property InformationDescription

Cash Cow Investment Opportunity - Prime Mixed-Use Property in the heart of Red Bank - Fully Rented - Annual cash flow of $105,432 with annual increases in place for the commercial unit! Tenants pay for all utilities. NOI of $87,533. Rare 8% Cap rate investment. Potential to add 3rd floor with additional apartments. Unlock exceptional income potential with this fully renovated mixed-use property, ideally located near downtown Red Bank and just minutes from the upcoming Netflix Studios. This versatile building features a ground-floor commercial space with strong visibility and foot traffic-perfect for a variety of business types. Upstairs, you'll find two beautifully renovated residential units (2024), including a spacious one-bedroom and a stylish studio-both offering modern finishes and move-in ready appeal. Located just blocks from Riverview Medical Center, Red Bank's vibrant restaurants, boutiques, and nightlife, this property is a magnet for both tenants and business patrons alike.
MORTGAGE CALCULATOR

Features

  • Cross Docks: N
  • For Auction: N
  • Garage Description: No Garage
  • Lot Size In Text: 0.04 Sq. Ft.
  • MLSID: 22513960
  • Parking Places: 0
  • Price Per Area: 0.00
  • Price Upon Request: N
  • Style: Other Style
  • Sublease: N
  • Tax Year: 2024
  • Year Built: 2000