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Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Municipality Randolph (RAN)
MLS Listing ID 22536071
Property Sub-Type Commercial
Source MOREMLS (Monmouth Ocean Regional REALTORS®)
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.
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
Area None
Building/Complex Name None
Direction Please use GPS
Interior
Heating Forced Air
Exterior
Parking Features Parking Lot
Private Pool No
Building
Sewer Septic Tank
Water Public
Others
Senior Community No
Tax ID 32-00042-0000-00112
Listed by Nest Seekers New Jersey LLC
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Frank Esposito
Agent