Malkie Karmel REALTOR®

2 Kings Highway, Middletown, NJ 07748 (MLS# 22420644)

2 Kings Highway, Middletown, NJ 07748

$486,156.78

Virtual Tour

http://rdplex.com/55-53-Maple/app-files/

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

Overview

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 … (Read more)

Listing Details MLS# 22420644

Contract Info

Property Sub-Type: Commercial
Sale: No
Lease: Yes
Lease Price: 26.5
New Construction: No

Location

House Number: 2
Street Name: Kings
Street Suffix: Highway
County: Monmouth
Municipality: Middletown (MID)
Postal City: Middletown
State: NJ
Zip Code: 07748
Area/Section: None
Directions: On the corner of Kings Highway & Highway 35

General Property Info

Handicap Access: Yes
# Levels: Yes
Apx SqFt: 5531
Apx Year Built: 1955
Garage: No
# Parking Spaces: 19
Acreage: 0.53
Lot Dimensions: 121 x 190

Tax and Legal

Asmnt – Total: 1112700
Taxes: 19221
Tax Year: 2023

Status Change Info

Under Contract Date: 2024-09-14
Sold Date: 2024-10-01

More Information

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.

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