257 N Main St - Medical FOR SALE


Manville, NJ 08835
$1,250,000 USD
201-650-6474
257 N Main St, Manville, NJ for Sale
$1,250,000 USD
Medical - FOR SALE
1/3
null | 5.76% Cap Rate

257 N Main St
Manville, NJ 08835


OVERVIEW

Retail, medical, professional building available in Manville NJ. Approximately 7000 +/- SF with a full basement and three tenants in place. The owner is one of the professional tenants and will lease back for 3 years with options to extend. Two other units are leased to retail tenants, and all leases have annual escalations. Net income is approximately $74,000.00+/- The building was totally renovated three years ago and has private parking on site. The tenants participate in parking lot maintenance and snow plowing. Very well located close to Rt 22, Rt 287, and minutes from Hillsborough.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$179 USD /SF

CAP RATE

5.76%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Drug Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

PO-R

APN/PARCEL ID

18-00042-0000-00010

ASK ABOUT THIS PROPERTY

Todd GannetBoniakowski Commercial Real Estate GroupMore Info
201-650-6474

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Todd GannetBoniakowski Commercial Real Estate GroupMore Info
201-650-6474

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