For Sale
$699,000

135 Main StMatawan, NJ 07747

Prime Main Street location, mixed-use potential.

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional mixed-use property at 135 Main Street, Matawan, NJ 07747, presents a unique investment opportunity. The 3,484 square foot lot encompasses a main commercial space facing Main Street and a smaller commercial space facing Little Street, both currently generating rental income. The property also includes a recently renovated, three-bedroom, two-bathroom residential apartment on the upper level, leased on an annual basis. The total building square footage is 3,040 square feet. A luncheonette space is also available for lease at $4,000 per month. This property is being sold "as is, where is," and potential buyers are responsible for conducting their own due diligence regarding zoning regulations. The high foot traffic location on Main Street makes this an attractive investment for a variety of commercial uses. The existing rental income streams provide immediate return on investment, while the potential for further development or lease adjustments offers significant upside. This is a rare opportunity to acquire a well-situated mixed-use property in a desirable New Jersey location. The property's combination of commercial and residential spaces provides a diversified income stream and significant potential for future growth. Serious inquiries only.

Highlights

  • $699,000 asking price.
  • 3,040 square foot special purpose property with 3,484 square foot lot.
  • Located at 135 Main Street, Matawan, NJ 07747.
  • Features commercial space facing Main Street and Little Street, plus a renovated 3-bedroom, 2-bathroom apartment.
  • Includes existing rental income from the apartment and smaller commercial building; additional luncheonette space available for $4,000/month rent.
  • Property sold "as is"; buyer responsible for due diligence regarding zoning.

Property Details for 135 Main St

Property type
Specialty properties, Land
Square Feet
3,040 SF

Location Insight

City
Matawan
County
Monmouth
State
New Jersey
Latitude
40.4145814
Longitude
-74.2293847
135 Main St, Matawan, New Jersey

FAQs

What type of property is this?
Specialty property - Prime Main Street location, mixed-use potential.
Where is the specialty property located?
The property is located at 135 Main St Matawan, NJ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: $699,000 asking price.; 3,040 square foot special purpose property with 3,484 square foot lot.; Located at 135 Main Street, Matawan, NJ 07747.
How can I contact the broker?
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135 Main St
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