110 S Grove St East Orange City, NJ 07018
Other
MLS #: 3983689
Courtesy Of Keller Williams Realty Premier Properties of Westfield
Property InformationDescription
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
- Age: 41-50 Years Old
- Architecture Style: Other
- Building Units: 3
- Cooling System: Central Air
- Exterior Type: Brick
- Exterior Type: Block
- Floor Covering: Vinyl
- Floor Covering: Laminate
- Floor Covering: Linoleum
- Floor Covering: Tile
- Floor Covering: Concrete
- Floors: 3
- Heating System: Forced Air
- MLSID: 3983689
- Parking Spaces: 80
- Roof Type: Asphalt
- Roof Type: Rubber
- Roof Type: Shingle
- Rooms: Basement
MAP & DIRECTIONS
Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
