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$1,750,000
Rare 5.49-acre commercial development opportunity with major frontage on highly traveled U.S. Route 9 South in Manalapan. Zoned OP-3, the property offers potential for professional and business-office development in a prime Monmouth County location surrounded by established residential communities, retail and services. A preliminary concept has been prepared for a modern four-story assisted-living and memory-care community of approximately 90,000 square feet, featuring 96 units/100 beds, a covered entrance, secure memory garden, walking paths and approximately 58 parking spaces. The concept targets approximately 92,000 square feet of total impervious coverage--below 100,000 square feet--while preserving substantial landscaped and stormwater-management areas. Assisted living is a prop

251-259 Route 9, Manalapan

Listing courtesy of Marquee Real Estate. Contact:

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Source: New Jersey Multiple Listing Service, Inc.
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