520 Pleasant Valley Way - Medical FOR SALE


West Orange, NJ 07052
$1,245,000 USD
973-985-3118
520 Pleasant Valley Way, West Orange, NJ for Sale
$1,245,000 USD
Medical - FOR SALE
1/25
null | 7.33% Cap Rate

520 Pleasant Valley Way
West Orange, NJ 07052


OVERVIEW

Great professional offices are currently occupied by a medical group that will continue leasing the whole building or just the larger suite and the owner can occupy the smaller suite. The tenant will also agree to vacate with proper notice after closing, so flexible opportunity! The building is 2 floors with the addition of a third floor possibly subject to town approval. There are 4 exam rooms, 2 labs, 3 bathrooms, 3 doctors offices, staff office/training room on first floor. The basement has file storage, billing department, small kitchen. Large private parking lot with 2 car garage for 2 extra spots. Handicap accessibility via elevator from the rear of the building. Great Opportunity on busy road with signage.

FOR SALE DETAILS

PRICE

$1,245,000 USD

PRICE/SF

$249 USD /SF

CAP RATE

7.33%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

R-6

APN/PARCEL ID

22-00154-06-00009

ASK ABOUT THIS PROPERTY

Jean DonatoJVD REALTY ADVISORS LLCMore Info
973-985-3118

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Jean DonatoJVD REALTY ADVISORS LLCMore Info
973-985-3118

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