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About This Home
This 0-bedroom, 0-bathroom commercial at 110 S Grove St in East Orange City, NJ is listed for $3,995,000 ($166 per sqft). Built in 1980, the home offers 24,000 sqft of living space on a 0.67 acres lot.
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 $3,995,000 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.
Key Features
- Built in 1980
- 0.67 acre lot
- 3 stories
- 80 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$21,366/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
110 S Grove St
East Orange City, NJ 07018-4102
Medical/Professional Office
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 110 S Grove St is listed at $3,995,000 ($166/sqft). The estimated monthly payment is $17,312 based on 20% down at 6.5% interest.
Key features include: Built in 1980, 0.67 acre lot, 3 stories, 80 parking spaces.
This property is listed by OLATUBOSUN MODILE and can be reached at 9082203484 or omodile@kw.com.