74 S Powder Mill Rd - Office/Residential FOR SALE


Morris Plains, NJ 07950
$1,300,000 USD
973-214-9488
74 S Powder Mill Rd, Morris Plains, NJ for Sale
$1,300,000 USD
Office/Residential - FOR SALE
1/24
null | Request Cap Rate

74 S Powder Mill Rd
Morris Plains, NJ 07950


HIGHLIGHTS

  • Off bustling Route 10 highway
  • Separate entrances for suites
  • Parking lot exclusive with tons of parking

OVERVIEW

Welcome to an exceptional investment property located in the heart of Parsippany just off the bustling Route 10! Commercial/residential let it be your choice! Continue to utilize the commercial units to rent out or design your dream home. This expansive multi-use office building offers a versatile space perfect for a variety of business needs. With 4 units total 3 on the first floor and 1 on the 2nd floor w/ separate entrances and exits this property is designed for convenience and functionality. The building is equipped with a total of 1 full bath and 3 half baths ensuring comfort and accessibility for both staff and clients. Ample parking is available on the side and rear of the building with the potential to expand the parking lot towards the wooded area accommodating even more vehicles. Situated near a thriving residential area this property presents a unique opportunity to attract residential clientele providing endless possibilities for growth and development. With a touch of TLC and your vision, transform this space into a premier office or suite rental destination. Don't miss out on the chance to make this prime Parsippany location your next successful venture.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$302 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Loft/Creative Space, Office Live/Work Unit, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

R-1M, Morris Plains

APN/PARCEL ID

29-00015-1-00001

ASK ABOUT THIS PROPERTY

Jacqueline ScuraJackie Scura Compass Real EstateMore Info
973-214-9488

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Jacqueline ScuraJackie Scura Compass Real EstateMore Info
973-214-9488

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