170-172 Spring St - Telecom Hotel/Data Hosting FOR SALE


Newton, NJ 07860
$750,000 USD
201-674-5216
170-172 Spring St, Newton, NJ for Sale
$750,000 USD
Telecom Hotel/Data Hosting - FOR SALE
1/59
null | Request Cap Rate

170-172 Spring St
Newton, NJ 07860


HIGHLIGHTS

  • Secure Data Center.
  • Located in the heart of Newton's Business District.
  • Public Parking available.

OVERVIEW

This fully upgraded tech-enabled building is ready for residential conversion, investment use, or continued operation as a data center. Unlock the upside in this fully improved 6,300+ sq ft building located in the heart of Newton's vibrant business district. Over $1 million in capital improvements already completed this property presents a unique opportunity to convert the upper floors to residential while maintaining a commercial presence on the main level. The top floor includes a full kitchen, spacious full bath, and large flex room easily adaptable into a 1-bedroom apartment or manager's unit. The second floor offers an open footprint, two bathrooms, utility/storage areas plus a separate back entrance w potential for 2-3 residential units. First floor features a reception area, secure entry vestibule, 2 door man trap, half bath and a side loading door. Endless possibilities for medical/professional office, retail, or restaurant. Currently outfitted and operating as a state-of-the-art data center, with secure infrastructure, cooling systems, server space, and fiber/data connectivity already in place. The basement adds storage, utility access, and a secondary server room. Major upgrades include HVAC, electrical, fiber/data infrastructure, fire suppression, and security system. Close proximity to Starbucks, Chipotle, Five Guys, Walmart, and Newton's downtown make this a highly attractive investment or owner-user opportunity in one of Sussex County's fastest-growing towns.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Telecom Hotel/Data Hosting

ADD'L SUBTYPES

Storefront Retail/Office, undefined, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

T-6

APN/PARCEL ID

15-00008-08-00028

ASK ABOUT THIS PROPERTY

Rachel BuccieXp RealtyMore Info
201-674-5216

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Rachel BuccieXp RealtyMore Info
201-674-5216

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