200 South St - Medical FOR SALE


New Providence, NJ 07974
$2,500,000 USD
908-868-2178
200 South St, New Providence, NJ for Sale
$2,500,000 USD
Medical - FOR SALE
1/56
null | Request Cap Rate

200 South St
New Providence, NJ 07974


HIGHLIGHTS

  • Freestanding building in New Providence
  • 33 Parking Spots
  • Broad Zoning for Multiple Uses

OVERVIEW

Freestanding building on big lot with 33 parking spots. Each floor consists of 5000 square feet each. One tenant currently occupying a approx 2000 sq ft of 1st floor rear of building and pays $3900/month. The rest of the building is currently vacant. Very broad zoning including medical and the perfect opportunity for an investor or owner user to purchase a landmark property on South Street in the very sought after New Providence, NJ. Also available for rent at $23.50/sq ft all in + utilities. Tenant on 1st floor has a lease until August 2026 with 1 option to renew for an additional 12 months.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Murray Hill Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

OR Zone

APN/PARCEL ID

11-00237-0000-00007-01

ASK ABOUT THIS PROPERTY

Jonathan SteingraberSignature Realty NJ LLCMore Info
908-868-2178

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Jonathan SteingraberSignature Realty NJ LLCMore Info
908-868-2178

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