25 E Willow St - Medical CONDO FOR SALE


Millburn, NJ 07041
$2,675,000 USD
973-495-6031
25 E Willow St, Millburn, NJ for Sale
$2,675,000 USD
Medical CONDO - FOR SALE
1/23
null | Request Cap Rate

25 E Willow St
Millburn, NJ 07041


OVERVIEW

25 EAST WILLOW ST, UNIT A PROFESSIONAL MEDICAL PROPERTY This exceptional property is 1 of a 2 unit semi-detached commercial condominium building. The building is comprised of Unit A and Unit B and sits on a 1.5 acre level lot. Unit A has approximately 8,000 square feet of building space and 0.7 acres of the lot attributed to it. Private parking lot with over 75 parking spaces. Located on a quiet street, easily accessible from major highways and roads: Routes 24, 78, 22, and the Garden State Parkway. It is centrally located between Overlook Hospital, Summit and St. Barnabas Medical Center, Livingston with each hospital less than 4 miles distance. CURRENT USE: Planned and outfitted for medical practice use and can be easily renovated and partitioned for other use. Currently occupied by three tenants. Details available upon request. The largest tenant, a medical office practice, occupies over 5,300 square feet and can accommodate either a continued tenancy or vacate to accommodate the new owner’s end use.

FOR SALE DETAILS

PRICE

$2,675,000 USD

PRICE/SF

$334 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

UNIT A

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

8,000 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.48 AC

LAND SF

64,469 SF

ZONING

CMO

APN/PARCEL ID

12-00906-0000-00030-0000-COOA

ASK ABOUT THIS PROPERTY

Juliette PerosWeichert RealtorsMore Info
973-495-6031

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Juliette PerosWeichert RealtorsMore Info
973-495-6031

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