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$22
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Property 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 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.
Full Property Details
Full Property Details for 507 Broad St #2ND FLOOR
General
- Price: $22
- Taxes: $35,858 (2024)
- Status: Active
- Type: Commercial Lease
- Source: Monmouth
- MLS ID: 22527021
- Updated: 9/5/2025
- Added to Site: 135 day(s) ago
Business
- Business Type: Medical, Other, Professional Service
Interior
- Flooring: See Remarks
Additional Information
- Security/Safety: Fire Alarm, Fire Sprinkler System
Parking
- Total Spaces: 8
- Parking Features: Off-Street, On-Street, Assigned, Paver Block
Location
- Area: Shrewsbury Boro (SHB)
- Municipality: Shrewsbury Boro (SHB)
- County: Monmouth
- Subdivision: None
- Location Details: Other (See Remarks)
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning, Other, Electric
- Heating Type: See Remarks
Utilities
- Gas: On Site
- Dist. to Gas: On Site
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Stucco
- Roof: Other, Asphalt
- Square Feet: 6,962
- Current Bldg. Use: Medical, Other, Professional Service
- Office: 2,500 Sq. Ft.
- Retail: 2,500 Sq. Ft.
- Minimum Avail: 2,500 Sq. Ft.
- Year Built: 1952
Lot Features
- Lot Size (Acres): 0.4
- Lot Size (Sq. Ft.): 17,424
- Lot Dimensions: 100 x 175
- Lot Features: See Remarks
Water Features
- Water Front Type: Other (See Remarks)
Financial Considerations
- For Lease: Yes
- Lease Price: $22
- Sub Lease Exp.: 2026-03-31
- Assessment Amount: $2,174,400
- Tax Amount: $35,858
- Tax Year: 2024
- Owner Pays: Other, None
- Landlord Pays: None
Disclosures and Reports
- Documents Avail.: Aerial Photo
- Property ID: 44-00037-0000-00002
- Section: None
Listed by Resources Real Estate, Sahar I Karykous
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Schools
Schools serving 507 Broad St #2ND FLOOR
School Districts:Shrewsbury Borough School District, Red Bank Regional School District
| Name | Grades | Distance |
|---|---|---|
Shrewsbury Elementary School 20 Obre Place, Shrewsbury, NJ 07702 | PK-8 | 0.4 mi |
Red Bank Reg High School 101 Ridge Road, Little Silver, NJ 07739 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 507 Broad St #2ND FLOOR
Date
Details
Price
Change
Source
9/05/2025
Listed
$22
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Estimate the Cost for 507 Broad St #2ND FLOOR
507 Broad Street #2ND FLOOR, Shrewsbury, NJ 07702 (MLS# 22527021) is a Commercial Lease property. 507 Broad Street #2ND FLOOR is currently listed for $22 and was received on September 05, 2025. Want to learn more about 507 Broad Street #2ND FLOOR? Do you have questions about finding other Commercial Lease real estate for sale in Shrewsbury Boro? You can browse all Shrewsbury Boro real estate or contact a Coldwell Banker agent to request more information.

