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115 Route 46

Mountain Lakes Boro, NJ 07046
  • $1,659,000
  • STATUS: Active
  • ON SITE: 239 Days
  • MLS #: 3773610
UPDATED: 179 min ago
$1,659,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,400
    SQFT
  • $160
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1987
County:

School Ratings & Info

Description

Great investment opportunity with multiple income sources. 5.5% cap rate! Two floors, 8 condo office building,15 total rental units, 9 current tenants with service agreements, also multiple virtual clients which bring in additional income! Virtual clients have no limit so there is plenty of room for growth. This office building is located in a beautiful office park in a high traffic area with easy access to all major highways. Features one main entrance, reception area/front desk, kitchenette, large courtyard and plenty of parking. Both floors recently updated each with 2 bathrooms, great finishes, bonus lofts, state of the art conference room, newer HVAC, and great natural light throughout the building. Financials available upon request. Additional condo also available in separate building only with purchase of building F 1,200 sqft.

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Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Northern New Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Northern New Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-11-30T23:46:34.647.
www.srrealestategroup.com/homes/127410196
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115 Route 46 Mountain Lakes Boro, NJ 07046

  • Price: $1,659,000
  • Status: Active
  • On Site: 239 Days
  • Updated: 179 min ago
  • MLS #: 3773610
0
Beds
0
Baths
0
½ Baths
0.22
Acres
10,400
SQFT
$160
$/SQFT
1987
Built
Neighborhood:
Mt Lakes Business Park
County:
Morris
Area:
Mountain Lakes Boro
Property Description
Great investment opportunity with multiple income sources. 5.5% cap rate! Two floors, 8 condo office building,15 total rental units, 9 current tenants with service agreements, also multiple virtual clients which bring in additional income! Virtual clients have no limit so there is plenty of room for growth. This office building is located in a beautiful office park in a high traffic area with easy access to all major highways. Features one main entrance, reception area/front desk, kitchenette, large courtyard and plenty of parking. Both floors recently updated each with 2 bathrooms, great finishes, bonus lofts, state of the art conference room, newer HVAC, and great natural light throughout the building. Financials available upon request. Additional condo also available in separate building only with purchase of building F 1,200 sqft.
Exterior Features

Approximate Lot Size .219 AC Available Parking Spaces 20 Construction Formed Concrete Exterior Description Concrete Location Business DistrictHighway LocationOffice Park Lot Description Level Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description BlacktopOff-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement No Cooling Central Air Equipment Available Restrooms - PrivateSee Remarks Heating Forced Hot Air Max Ceiling Height 12 Max Door Height 0 Number Of Lavatories 4 Office Sq Ft 8372

Property Features

Available Immediately Building Number F Expenses Include See Remarks For Sale Or Lease For Sale Fuel Type Gas-Natural Primary Property Type Condo Complex Property Type Condo ComplexOffice Building Complex Sale Includes Building OnlySee Remarks Sewer Public Sewer Suite Number 0000 Tax Amount 41798 Tax Rate Amount 2.806 Tax Rate Year 2021 Tax Year 2021 Utilities All Underground Utilities Paid By Other Water Public Water Year Built Description Approximate Zoning Commercial

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Re/Max House Values: 973-601-1212.


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Northern New Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Northern New Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-11-30T23:46:34.647.
 
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Christie's International Real Estate Northern New Jersey
47 Maple Street
Summit NJ, 07901