Description
*BACK ON THE MARKET DUE TO THE BUYER'S INABILITY TO PERFORM* Fantastic mixed-use commercial/residential investment opportunity, with store front, located on main thoroughfare in highly sought-after Millburn, New Jersey. This stand-alone building has 3,500 total square foot of space that includes private adjacent parking lot with 8 spaces. The property is divided into a 2,600 sq. ft. ground level commercial space and a 900 sq. ft. one bedroom apartment on the second level, each with private entrance. This property is adjacent to a commercial zone with various businesses nearby. New Jersey Transit bus stop on the corner, Millburn train station is less than 1 mile away, Newark Airport under 10 miles away with easy access to Interstate 78 nearby. Perfect for business owners and investors.The first level commercial space includes covered entry with large windows that face the street. The front vestibule opens to reception with a generous waiting area for patients/clients. There are 4 exam rooms, 2 offices, additional large workspace, multiple storage rooms, 2 bathrooms, a basement with mechanicals. Gas and Electric are separately metered. The spacious second floor residential apartment with private entrance includes one-bedroom, sunny and large living/dining area, full bathroom, in-unit laundry, and separate utilities. Parking, close proximity to train and private entrance can garner premium rent to offset expenses and provide additional cash flow.
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1BEDS
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0.09ACRES
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1BATHS
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21/2 BATHS
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3,500SQFT
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$429$/SQFT
School Ratings & Info
Description
*BACK ON THE MARKET DUE TO THE BUYER'S INABILITY TO PERFORM* Fantastic mixed-use commercial/residential investment opportunity, with store front, located on main thoroughfare in highly sought-after Millburn, New Jersey. This stand-alone building has 3,500 total square foot of space that includes private adjacent parking lot with 8 spaces. The property is divided into a 2,600 sq. ft. ground level commercial space and a 900 sq. ft. one bedroom apartment on the second level, each with private entrance. This property is adjacent to a commercial zone with various businesses nearby. New Jersey Transit bus stop on the corner, Millburn train station is less than 1 mile away, Newark Airport under 10 miles away with easy access to Interstate 78 nearby. Perfect for business owners and investors.The first level commercial space includes covered entry with large windows that face the street. The front vestibule opens to reception with a generous waiting area for patients/clients. There are 4 exam rooms, 2 offices, additional large workspace, multiple storage rooms, 2 bathrooms, a basement with mechanicals. Gas and Electric are separately metered. The spacious second floor residential apartment with private entrance includes one-bedroom, sunny and large living/dining area, full bathroom, in-unit laundry, and separate utilities. Parking, close proximity to train and private entrance can garner premium rent to offset expenses and provide additional cash flow.
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Data last updated 2023-03-22T16:47:00.813.