499 Valley St - Office/Residential FOR SALE


Maplewood, NJ 07040
$1,500,000 USD
973-420-4401
499 Valley St, Maplewood, NJ for Sale
$1,500,000 USD
Office/Residential - FOR SALE
1/48
null | 6.8% Cap Rate

499 Valley St
Maplewood, NJ 07040


HIGHLIGHTS

  • High visibility area

OVERVIEW

Excellent opportunity to own a well maintained mixed use investment property in a thriving Maplewood location. This unique property consists of a fully renovated two-family home plus a separate single story commercial office space, offering strong rental income and long-term upside for investors or business owners alike. The residential building has been recently and extensively renovated, featuring beautifully updated kitchens, modern bathrooms, and refreshed flooring throughout. Tenants also enjoy access to the basement which includes two separate washers and dryers, adding convenience and additional value for residents. An benefit for tenants include access to the 3rd floor - which is open for their exclusive use as a office space, recreation area or storage. The street level commercial office space offers great visibility and flexibility for a wide variety of uses. Whether you're an investor looking for stable income or a business owner seeking a high-traffic location while offsetting expenses with rental income, this property presents a compelling opportunity. Located just moments from the Maplewood train station and the vibrant Maplewood Village, the property benefits from constant foot traffic, nearby restaurants, shops, and easy access to NYC transportation.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$335 USD /SF

CAP RATE

6.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,484 SF

ZONING

OB

APN/PARCEL ID

11-00016-02-00087

ASK ABOUT THIS PROPERTY

Peter DeCiccoCompass New Jersey, LLCMore Info
973-420-4401

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Peter DeCiccoCompass New Jersey, LLCMore Info
973-420-4401

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