413 E Main St Under Contract Save Request In-Person Tour Request Virtual Tour
Denville Twp.,NJ 07834
Key Details
Property Type Commercial
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 3825375
Year Built 1954
Annual Tax Amount $28,061
Tax Year 2022
Lot Size 0.780 Acres
Property Description
First time on the market in Decades! Flex building investment property, spectacular Denville, NJ location. Close to all major highways, Route 46, 10, 80 & 287 all reached in minutes. Close to downtown Denville too. Tenants have all been long time occupants. Rent is slightly under market. Property can easily yield up to a 7 to 7.5% cap rate with a few adjustments. Building is clean, well maintained and ready for new owners. All tenants are willing to stay. Lease copies available as well as extensions. There are 5 Drive in Doors, varying in size slightly, 9'x12" average in size.
Location
State NJ
County Morris
Zoning I-1
Interior
Heating Gas-Natural
Cooling No Cool
Flooring Concrete, Laminate
Equipment Restrooms - Private, See Remarks, Smoke Detector, Storage Area(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Concrete
Utilities Available Electric, Gas-Natural
Roof Type Flat
Parking Type Blacktop, Hard Surface, Parking Lot-Exclusive, Parking Lot-Shared
Building
Lot Description Level Lot
Story 1
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple