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$899,000
Est. payment /mo
1.06 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4000449
Year Built 1955
Annual Tax Amount $8,600
Tax Year 2024
Lot Size 1.060 Acres
Property Description
New to Market ? Prime Investment Opportunity on High-Visibility Route 10 West Discover an exceptional free-standing commercial building offering strong income, stability, and long-term upside. Positioned along highly trafficked Route 10 West, this well-maintained property features four fully leased commercial office suites plus one occupied residential unit, delivering reliable, diversified revenue. With remarkably low taxes (under $9,000) and steady cash flow, this asset is ideal for investors seeking a turnkey addition to their portfolio. The property is zoned OL within the Existing Community Zone / Environmentally Constrained Subzone, providing flexibility for future use within the established guidelines. City water and septic service the building.A detailed pro forma and NOI analysis are available upon requests. Don't miss this rare chance to acquire a high-exposure, fully stabilized property in a strong commercial corridor.
Location
State NJ
County Morris
Zoning OL
Interior
Heating Gas-Natural
Cooling Central Air
Equipment Appliances, Fire Alarm, Kitchen Area
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Gas In Street
Roof Type Asphalt Shingle
Building
Story 2
Sewer Septic
Water Public Water
Others
Ownership Fee Simple
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Listed by NEST SEEKERS NEW JERSEY LLC
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