10 Allen Street Unit 113, Toms River, NJ 08753
- $2,650,000
- List Price
- $2,650,000
- Status
- ACTIVE
- Type
- Commercial
- MLS#
- 22608063
- Region
- Toms River Twp (TOM)
- Year Built
- 1986
Property Description
1031 Exchange - Ideal Office Investment Property Excellent opportunity to acquire 5 office condos representing approximately 41% ownership of the building. This institutional-quality office investment offers a strong 6.5% cap rate with significant built-in upside and immediate cash flow. The property features NNN leases with high-credit national and regional tenants in home health services, mental health counseling, and insurance -- providing predictable, low-management income with minimal landlord responsibilities. A solid value-add opportunity with excellent potential for rent growth and appreciation. Ideal for 1031 exchange investors seeking stability and long-term upside.
Additional Information
- Acres
- 0.02
- Zoning
- Office, Professional
- Taxes
- $15,408
- Subtype
- Office
- Year Built
- 1986
- Heat Ac
- Forced Air, Hot Water
- Parking Driveway
- Paved, On Site, Parking Lot
- Stories
- 4
- Electric
- Other - See Remarks
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Listing courtesy of Crossroads Realty, Inc.. Contact: