Downtown Freehold Mixed Use Investment Property for Sale - Legacy Commercial Realty

16-18 Throckmorton Street Freehold New Jersey 07728

For Sale 1,100,000.00
Property Details

16-18 Throckmorton Street Freehold New Jersey 07728

For Sale 1,100,000.00
Offices
Description

Downtown Freehold Mixed Use Investment Property for Sale

Offices - New Jersey

¨ Two Property Portfolio

¨ 16 Throckmorton Street – Single Tenant Automotive Repair/Autobody Shop (100% occupied)

¨ 18 Throckmorton Street – Two Story, Two Tenant Office Building (100% occupied)

¨ Asking Price: $1,100,000.00 (Price Recently Reduced.)

¨ Fully Stabilized Investment

¨ 100% Leased

 ¨ Diverse Tenant Mix

¨ Lot Size: .49 Acre

¨ Located directly off of heavily traveled Main Street in the heart of Downtown Freehold Borough.

¨ Real Estate Taxes (2016): $18,545.00

¨ NOI: $86,312.00 / year NNN

¨  7.85% CAP Rate

 

 

 

 

 

Property Features
  • Offices
  • Land is 0.49 acre
Seth Katz
Broker of Record / CEO
Office: 732-333-6380
Seth had attended Rutgers University studying Economics and business management. His Commercial Real Estate career started in 2004. As a full service Broker, Seth has been actively involved in every sector of Commercial Real Estate. Born and raised in Monmouth County, NJ, Seth is quite familiar with the land development and municipal approval processes in the counties which encompass Central New Jersey. Seth’s real estate approach is “hands-on” and he works tirelessly to satisfy the needs of all Legacy Commercial Realty’s clients and customers. His philosophy of “think client first” has yielded positive results and trust throughout his business career.
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