115 Route 46 - Office FOR SALE


Mountain Lakes, NJ 07046
$1,750,000 USD
973-723-9418
115 Route 46, Mountain Lakes, NJ for Sale
$1,750,000 USD
Office - FOR SALE
1/50
null | 5.5% Cap Rate

115 Route 46
Mountain Lakes, NJ 07046


OVERVIEW

115 Route 46 Building F in Mountain Lakes, NJ, is a two-story office building offering a prime investment opportunity. Constructed in 1987, this 10,000 +/- square-foot property comprises eight office condominiums, currently configured to include 15 rental units occupied by Executive Suite tenants under service agreements. The building also generates additional income from multiple virtual clients, with potential for further growth in this area. Recent updates enhance its appeal, featuring a main entrance leading to a reception area, a kitchenette, a large courtyard, and ample parking. Each floor is equipped with two bathrooms, boasts quality finishes, bonus lofts, a state-of-the-art conference room, and abundant natural light throughout. The property is strategically located in a high-traffic area with easy access to major highways, making it an attractive option for investors seeking a property with a 5.5% capitalization rate. Financial details are available upon request. Amazing opportunity to own a building with a prestigious Mountain Lakes address and a fully operational Executive Suite Business!

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$172 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bldg F

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

133

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,676 SF

ZONING

OL-2

APN/PARCEL ID

25-00116-0000-00005-15

ASK ABOUT THIS PROPERTY

Jeff JonesAmerisource Realty Network, LLCMore Info
973-723-9418

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Jeff JonesAmerisource Realty Network, LLCMore Info
973-723-9418

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.