Cannabis Approved | USER/DEVELOPER opportunity: Five building portfolio in Morris Twp. NJ (Morris County) providing immediate income plus
the opportunity to lease up /utilize three spaces.
Possible uses include Cannabis, Gym, Wellness/health centers, sauna/cold plunge, golf simulators - endless possibilities.
Owner retiring after many years at site. Existing tenants include Builder, Car detailer, Book Seller, Yard maintenance. Vacant Spaces include two office spaces (total space = 2500sf) and a former Restaurant. Tenants are responsible for all utilities and maintenance of their buildings. Site has access to 118 additional parking spaces (by right) after 6pm.
Perfect for end user and as investment property. Five (5) freestanding masonry buildings totaling 22,230 sq ft. of rentable space plus two (2) Garages & Parking. 2.0 acres which includes parking. Original buildings built in early 70's. Renovations and newer construction in Mid 90's and 2017. Excellent location adjacent to exit 35, route 287. Minutes to Routes 80, 46, 10 and 24/78. Walking distance to train and Morristown Center.