Catylist ID: #30340335
Downtown Retail/Residential Building for Sale
Retail-Commercial for Sale
|Catylist Listing ID:||30340335|
|Property Subtypes:||Convenience Store, Free-Standing Building, Mixed Use, Retail-Pad, Street Retail, Other|
|Building Size (RSF):||9,000 SF|
|Gross Building Area:||See Agent|
|Unit Price:||$29.44 PSF|
|Property Use Type:||Investment|
|Sale Terms:||Cash to Seller|
Overview / Comments
A great building downtown Morristown for sale. Includes the 2 retail stores downstairs, and the 2 lofts upstairs. One of the lofts is bare right now and will need to be constructed or developed. The other units are all rented out. The owner had spoken to an architect for potential fixing up the building to maximize the profits but the owner is retiring and doesn’t have the time to deal with it.
Great opportunity in the growing Morristown area, please don’t bother the tenant. Call the listing agent for questions or showings.
Above one of the retail store, there is a mezzanine for about 1000 sq.ft that could be developed into an apartment as well.
2 units in the bottom pay $450 and $750 per month. The second floor tenant pays $800 per month.
The owner just installed a brand new 25 year rubber roof
|Tax ID/APN:||032034I R 00700|
|Zoning:||CBD - CENTRAL BUSINESS DISTRICT|
|Retail Clientele:||General, Business|
|Total Number of Buildings:||1|
|Number of Stories:||3|
|Zoning Description:||CBD - Central Business District|
|Proximity:||1 mile||3 miles||5 miles|
Wala HabibyColdwell Banker Wallace KAAR CIE Member
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