Brothers Commercial Brokerage - Red Bank NJ

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227 E Bergen Pl # 3, Red Bank, NJ 07701
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110 Brighton Ave, Long Branch NJ

$789,000 | Contact an Agent | Speak With an Agent 732-747-5575
Long Branch Income Producing Building for Sale
Price: $789,000
Type: Retail
Status: SOLD
Sqft: 6,114 (+-) SQ FT
Address: 110 Brighton Ave
City: Long Branch
State: New Jersey
ZIP: 07740

Additional Features:

  • 6,114 (+-) square foot retail building with tenant occupying 1,700 (+-) square feet.
  • The building is currently divided into three units, with two units fronting on Brighton Avenue, both units are leased to a restaurant and the third, larger unit in the rear operated by the owner as a dry cleaning business, this unit has its own entrance and parking on West End Court and will be delivered vacant.
  • Tenant occupies 1,800 sq ft (+-)  and pays $1,831 per month.
  • Tenant also pays utilities & 25% of sewer, water, property taxes, and building insurance.
  • Lease expires 2/1/2017, tenant has a 5 year option, 3% annual increases.

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