Warren Twp., NJ 07059,258 King George Rd
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$ 4,000,000
Est. payment | /mo

14,500 SqFt


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$ 4,000,000
Est. payment | /mo
Save

14,500 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 14,500 sqft

Price per Sqft $275

MLS Listing ID 3992298

Year Built 1996

Annual Tax Amount $63,962

Tax Year 2024

Lot Size 2.700 Acres

Property Description

UNBELIEVABLE: 100% OCCUPIED TROPHY ASSET! WELL-MAINTAINED 14,500 SF BUILDING IN BEAUTIFUL WARREN TOWNSHIP (SOMERSET COUNTY). 1ST FLOOR (MAIN BUILDING) OCCUPIED BY DANCE SCHOOL, 2ND FLOOR (MAIN BUILDING) OCCUPIED BY MONTESSORI SCHOOL. ANNEX OCCUPIED BY MUSIC SCHOOL. ALL TENANTS ARE WELL ESTABLISHED AND HAVE MULTI-YEAR LEASES W/ RENEWALS. MANY RECENT UPDATES! MINUTES FROM EXIT 36 ON I-78 EXCELLENT INVESTMENT OPPORTUNITY: NOI : $255,763 6.39 CAP RATE

Location

State NJ

County Somerset

Zoning BR40

Interior

Heating Gas-Natural

Cooling 4+ Units, Central Air

Flooring Carpeting, See Remarks, Tile, Vinyl-Linoleum

Equipment Fire Alarm, Restrooms - Private, Restrooms - Public, Sign - Freestanding, Smoke Detector, Sprinkler System

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Listed by BHHS FOX & ROACH
Tolga (Tony) Erzene

+1(973) 626-0175

tony@notcityliving.com

Sparta & Warwick Offices

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258 King George Rd