5-7 Washington St - Storefront Retail/Residential FOR SALE


Morristown, NJ 07960- Downtown Morristown
$2,950,000 USD
908-251-1291
5-7 Washington St, Morristown, NJ for Sale
$2,950,000 USD
Storefront Retail/Residential - FOR SALE
1/7
null | 4.47% Cap Rate

5-7 Washington St
Morristown, NJ 07960
Downtown Morristown


HIGHLIGHTS

  • Zoning permits a potential two-story expansion

OVERVIEW

The building is comprised of 2 each two bedroom and 2 bath residential units and a ground floor retail unit. The property is 100% leased but the zoning allows for potential value add

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$575 USD /SF

CAP RATE

4.47%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

CBD

APN/PARCEL ID

24-05901-0000-00006

ASK ABOUT THIS PROPERTY

Kevin FeliceRarefied Real Estate PartnersMore Info
908-251-1291

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

Kevin FeliceRarefied Real Estate PartnersMore Info
908-251-1291

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