Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1980
Sq.Footage
N/A
Prime medical investment or owner occupied opportunity with this professional building, Fully occupied with three long time anchor tenants spanning 24,000 square feet situated on .67 acre of land offered at $4,799,000 with 8% CAP RATE IN RETURN ON INVESTMENT. The property is equipped with two elevators, loading docks and a generator , ensuring excellent logistic functionality for its anchor long time tenants which comprises of FRESENIUS DIALYSIS CENTER, STATE OF NEW JERSEY AND CITY OF EAST ORANGE. The property includes 64 parking spaces potential for generating more income on a month-to-month basis offering immediate cash flow potential. Explore the potential for growth and success in this prime medical / commercial space Conveniently located near Major Highways, RWJ, Cooperman Barnabas Medical Center, Clara Maass Medical Center, Newark Beth Israel Medical Center, Overlook Medical Center and many more. Don't miss this chance to invest in a high-growth, sought-after area with the Possibility to build an apartment complex.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Zoned
-
Heating YN
YES
-
Heating
Forced Air, Natural Gas, Zoned
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Pool
No
Area & Lot
-
Lot Features
Corner Lot, Open Lot
-
Lot Size(acres)
0.67
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$4,799,000
-
Tax Amount
143223.0
-
Zoning
Commercial
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Accessibility Features
Accessible Entrance
-
Ownership
Fee Simple
-
Sewer
Public Sewer
-
Tax Lot
*
-
Water Source
Public
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Location
County
Essex
Elementary School
Middle School
High School
Listing Courtesy of None , KELLER WILLIAMS REALTY
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FOUNDER
Patrick Bolger
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