115 US Highway 46 - Medical CONDO FOR SALE


Mountain Lakes, NJ 07046
$385,000 USD
973-809-4906
115 US Highway 46, Mountain Lakes, NJ for Sale
$385,000 USD
Medical CONDO - FOR SALE
1/23
null | Request Cap Rate

115 US Highway 46
Mountain Lakes, NJ 07046


HIGHLIGHTS

  • Versatile office configuration with open layout, private offices, and loft-style space.
  • Prominent visibility along US Highway 46 with direct access to I-287 and I-80.
  • Updated finishes and modern amenities suitable for diverse professional tenants.
  • Ample shared surface parking supporting employees and client visits.
  • Two-story design featuring natural light, high ceilings, and front and rear entrances.
  • Within proximity to Newark Liberty International Airport and NJ Transit commuter rail stations for regional access.

OVERVIEW

This office condominium at 115 US Highway 46 offers a rare opportunity for ownership in Mountain Lakes’ well-positioned business corridor. The asset comprises an attractive two-story layout designed with flexibility, featuring an open workspace complemented by private offices, a conference-ready room, restrooms, and ample storage. With recent updates and a modern buildout, the property suits a range of professional uses. Situated along a major highway, it ensures consistent visibility and convenience for employees and clients alike. Proximity to Interstate 287 and Route 80 enhances regional connectivity, while surrounding amenities—including notable retail centers and dining options—benefit businesses seeking an accessible, well-served locale. With its condo structure, secure construction, and appealing location within Northern New Jersey's Parsippany submarket, this property aligns with investor interest in stable, income-producing environments with minimal management complexity.

FOR SALE DETAILS

PRICE

$385,000 USD

PRICE/SF

$151 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Building C23

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

2,542 SF

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

OL-2, Mountain Lakes

APN/PARCEL ID

25-00116-0000-00005-12

ASK ABOUT THIS PROPERTY

Meredith GiudiceCompass New JerseyMore Info
973-809-4906

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Meredith GiudiceCompass New JerseyMore Info
973-809-4906

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