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!