129 Grove St - Office FOR SALE


Montclair, NJ 07042
$1,295,000 USD
973-464-1066
129 Grove St, Montclair, NJ for Sale
$1,295,000 USD
Office - FOR SALE
1/31
null | 6.93% Cap Rate

129 Grove St
Montclair, NJ 07042


HIGHLIGHTS

  • Central HVAC for each Tenant.
  • Upscale Montclair Business District.
  • Easy access to NYC train.
  • Historically high occupancy.
  • 6..93 CAP

OVERVIEW

Well maintained office building with front and rear entrances. Located in vibrant business district, surrounded by shops and restaurants. Located adjacent to town lot for additional parking. Easy access to Walnut St train station for an easy commute to NYC. History of long-term tenants. Recent enhancements include updated entrance area, complete 2nd-floor renovation and a new roof.

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$216 USD /SF

CAP RATE

6.93%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

N/Av, County

APN/PARCEL ID

13-04308-0000-00060

ASK ABOUT THIS PROPERTY

Donn McDonaldColdwell Banker Commercial NRTMore Info
973-464-1066

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Donn McDonaldColdwell Banker Commercial NRTMore Info
973-464-1066

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