507 Broad Street 2ND FLOOR, Shrewsbury Boro, NJ 07702

$22
Property Type: Commercial Lease Square Footage: 6,962 Lot Size (sq. ft.): 17,424 Status: Active
Current Price: $22 List Date: 9/05/2025 Last Modified: 12/01/2025

Description

Prime 2nd Floor Commercial Space for Lease at 507 Broad Street, Shrewsbury, Seize the opportunity to elevate your business with this exceptional 2,500± square foot 2nd floor commercial space Perfectly positioned on the bustling Broad Street (Highway 35), adjacent to the renowned Grove Shopping Center, this property offers unparalleled visibility and accessibility in a high-traffic corridor. Located just minutes from vibrant Red Bank, with the Red Bank NJ Transit station (1.5 miles) and Newark Liberty International Airport (41.4 miles) easily accessible, this prime location ensures convenience for clients and employees. The surrounding area boasts a 2024 population of 11,738 within a 1-mile radius and a median household income

Supplements: household income of $109,959, providing a strong and affluent customer base. ,Situated in the B-1 Zone, this 2nd-floor space (no elevator access) is designed for versatility, accommodating a wide range of permitted uses, including professional offices, medical practices, med spas, or general business operations. featuring large windows for abundant natural light, two brand-new bathrooms, and a kitchen, creating a professional and inviting environment. With a parking ratio of 3.73/1,000 SF ( 8 Spots) the property offers ample on-site and on-street parking for ease of access. Key Highlights: Prime Location: High-visibility on Broad Street (Hwy 35) next to The Grove Shopping Center, ideal for capturing foot and vehicle traffic. Flexible Uses: Zoned B-1, perfect for offices, medical practices, med spas, or general business. Ample Parking: Large on-site parking lot plus on-street parking for convenience. Competitive Lease Terms: NNN offering excellent value in a high-demand area. Take advantage of this chance to establish your business in a modern, high-visibility 2nd-floor space in the heart of Shrewsbury. Discover the potential of this outstanding commercial space.

More Information MLS# 22527021

Contract Info

Sale: No Lease: Yes List Price/SqFt: 0 Lease Price: 21.6 Lease Price Per/SqFt: 0 New Construction: No Status: Active List Date: 2025-09-05 Property Sub-Type: Commercial List Price: $22 Current Price: $22

Location

Unit/Suite #: 2ND FLOOR Area/Section: None Other - See Remarks: 1 House Number: 507 Street Name: Broad Street Suffix: Street County: Monmouth Municipality: Shrewsbury Boro (SHB) Postal City: Shrewsbury Boro State: NJ Zip Code: 07702 Complex/Subdivision: None Directions: Route 35 North use your navigator

General Property Info

Handicap Access: No # Levels: 2 Elevator Capacity: 0 Available SqFt: 2500 Office SqFt: 2500 Retail SqFt: 2500 Acreage: 0.4 Lot Dimensions: 100 x 175 Other SqFt: 2500 Garage: No # Car Garage: 0 # Parking Spaces: 8 Business Operating: No Franchise: No Lease Expiration Date: 2026-03-31 Farm: No Apx SqFt: 6962 Apx Year Built: 1952

Tax and Legal

Asmnt - Total: 2174400 Deed Restricted: No Taxes: 35858 Tax Year: 2024

Income & Expenses

# Rental Units: 2

Use

Medical: 1 Professional Service: 1 Other: 1

Interior

Fire Alarm: 1 Fire Sprinkler System: 1

Lot Description

See Remarks: 1

Water Type

Other - See Remarks: 1

Floors

See Remarks: 1

Electric

110 Volt: 1 Other - See Remarks: 1

Basement

Full: 1 Other: 1

Gas

On Site: 1

Cooling

AC Office Only: 1 Central Air: 1 Electric: 1 Other: 1

Water Heater

Other - See Remarks: 1

Heating

Natural Gas: 1 See Remarks: 1

Water

Public Water: 1

Sewer

Public Sewer: 1

Parking

Assigned: 1 Off Street: 1 On Street: 1 Paved: 1

Assessment Status

Assessed: 1

Construction/Siding

Stucco: 1

Roof

Asphalt: 1 Other: 1

Landlord Pays

None: 1 Other: 1

Documents Available

Aerial Photo: 1

Property Features

Location: Other - See Remarks; Other - See Remarks Use: Medical; Professional Service; Other Interior: Fire Alarm; Fire Sprinkler System Floors: See Remarks Basement: Full; Other Cooling: AC Office Only; Central Air; Electric; Other Heating: Natural Gas; See Remarks Water Heater: Other - See Remarks Water: Public Water Sewer: Public Sewer Gas: On Site Electric: 110 Volt; Other - See Remarks Parking: Assigned; Off Street; On Street; Paved Roof: Asphalt; Other Lot Description: See Remarks Water Type: Other - See Remarks Landlord Pays: None; Other Assessment Status: Assessed Documents Available: Aerial Photo
Listing Office: Resources Real Estate
Listing Agent: Sahar I Karykous
IDX
Last Updated: December - 01 - 2025
Broker Attribution: 732-212-0440

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