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$895,000
Est. payment /mo
14,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 14,500 sqft
Price per Sqft $61
MLS Listing ID 4017270
Year Built 1957
Annual Tax Amount $17,935
Tax Year 2025
Lot Size 6,534 Sqft
Property Sub-Type Mixed Use
Property Description
Mixed use retail and elevated office building located downtown Manville. Two retail spaces, each with full height basement that is also leaseable space. One is currently owner occupied operating as a furniture store, the second retail is fit-up as a wash and press and remote dry cleaning service, currently not operating, vacant. The second floor has four separate offices intentionally left vacant, leaving new owner freedom to do what they wish with this well built and maintained investment. Street parking and 5 spaces at rear of building and also directly behind the building is shared municipal parking.Pro-forma NOI based on current lease rates in the area for the owner occupied retail and four offices on the 2nd floor that are ready to be leased. The second retail space and one office upstairs need renovating. Manville zoning has changed, with the possibility of permitting residential on the second floor. Inquire with Manville Planning and Zoning.
Location
State NJ
County Somerset
Zoning Commercial/TH
Rooms
Basement Full, Partial, Storage, Walkout
Interior
Heating Gas-Natural
Cooling 3 Units, Central Air
Equipment See Remarks
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block
Garage Spaces 5.0
Utilities Available Electric, Gas-Natural
Roof Type Flat, Rubberized
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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