538-540 Joyce - Office FOR SALE


Orange, NJ 07050
$819,000 USD
973-676-5143
538-540 Joyce, Orange, NJ for Sale
$819,000 USD
Office - FOR SALE
1/12
null | Request Cap Rate

538-540 Joyce
Orange, NJ 07050


OVERVIEW

Former social club, Bar, restaurant, and commercial property in a RDV zone Redevelopment Area (commercial/industrial/professional/ education and multifamily) Currently used as a residential 3 family and office. Can be used as is a 3 family residential or converted back to commercial/industrial/Medical and more. Not your average 3 Family and Studio, just a 20 minute drive or train to NYC. Two complete houses side by side in one well built and updated building. Owner-occupy all, part, or full rental with future development possibilities. Have the flexibility to rent out what you don't use. Great duplex building with a deco vibe converted from A 1940s Social Club/Pub in 1 cool and unique home with 2 addresses and up to 2 units in each on a 140' deep lot . Great for a personal residence, a work from home professional office, and/or commercial studio or gallery. Add 3 to 6 units to the building or knock down and build more. 540 is a two story house currently with 2 nice one bedroom apartments with wall sconces, tile bath, new glass block windows and updated. (May also be 3br LR, DR, EIK & 2 bath or mother daughter house). 538 is a 1300 sq ft 2+BR 2Bath SoHo type split level house w/9 & 10' ceilings, patio, attic & basement, see floorplan. Located in a New Jersey Opportunity Zone.

FOR SALE DETAILS

PRICE

$819,000 USD

PRICE/SF

$293 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Political Club

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1942

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

8,000 SF

ZONING

D1

APN/PARCEL ID

17-03901-0000-00004

ASK ABOUT THIS PROPERTY

Dave RossiWestfield StudiosMore Info
973-676-5143

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Dave RossiWestfield StudiosMore Info
973-676-5143

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