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Office

36 Washington Street

36 Washington Streeet, Toms River, NJ 08735

Listing Price: $4,025,000

Cap Rate
6.75%
Gross SF
30,267
Rentable SF
30,267
Price/Gross SF
$132.98
Lot Size
1.75 acres
Year Built
1959

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, the fee simple interest in 36 Washington Street, Ocean County, Toms River New Jersey. This former bank building is fully occupied office building, with the opportunity for an investor to own a +/- 30,267 SF Cash-Flowing Multi-Tenant Office Building With Upside, in a prime location at the Ocean County Superior Court. Anchored By Long Term Lease By Ocean Partnership For Children, a Non-Profit Community Organization. The property is rare as it the 1.75 acres includes the two-story brick structure, that includes coveted downtown parking lot, with 106 Spaces. Located adjacent to the Downtown Toms River Waterfront Redevelopment - A Planned Mixed-use Neighborhood With Active Retail, Office Uses, Residential Options, Transit.

Investment Highlights

  • Fully Occupied Approximately 30,267 Square Feet Cash-Flowing Multi-Tenant Office
  • Former Bank Converted into Office Building Located in Downtown Toms River, Ocean County, NJ
  • Includes Coveted Downtown Parking Lot (106 Spaces)
  • Prime Location - Downtown/Main Street Court House (Ocean County Superior Court)
  • Adjacent to the Downtown Toms River Waterfront Redevelopment
  • Strong Household Income - Average Income Exceeds $96,000 Within One Mile of Property

Exclusively Listed By

Listing Price: $4,025,000

Cap Rate
6.75%
Gross SF
30,267
Rentable SF
30,267
Price/Gross SF
$132.98
Lot Size
1.75 acres
Year Built
1959

Investment Highlights

  • Fully Occupied Approximately 30,267 Square Feet Cash-Flowing Multi-Tenant Office
  • Former Bank Converted into Office Building Located in Downtown Toms River, Ocean County, NJ
  • Includes Coveted Downtown Parking Lot (106 Spaces)
  • Prime Location - Downtown/Main Street Court House (Ocean County Superior Court)
  • Adjacent to the Downtown Toms River Waterfront Redevelopment
  • Strong Household Income - Average Income Exceeds $96,000 Within One Mile of Property

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, the fee simple interest in 36 Washington Street, Ocean County, Toms River New Jersey. This former bank building is fully occupied office building, with the opportunity for an investor to own a +/- 30,267 SF Cash-Flowing Multi-Tenant Office Building With Upside, in a prime location at the Ocean County Superior Court. Anchored By Long Term Lease By Ocean Partnership For Children, a Non-Profit Community Organization. The property is rare as it the 1.75 acres includes the two-story brick structure, that includes coveted downtown parking lot, with 106 Spaces. Located adjacent to the Downtown Toms River Waterfront Redevelopment - A Planned Mixed-use Neighborhood With Active Retail, Office Uses, Residential Options, Transit.

Exclusively Listed By

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