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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.

PROPERTY FEATURES

Number of Units : 5
Utilities : Electric, Gas-Natural Services : Cable TV Available, Garbage Included Equipment Available : Restrooms - Private, See Remarks, Smoke Detector, Storage Area(s) Water : Public Water Sewer : Public Sewer
Number of Parking Spaces : Blacktop, Hard Surface, Parking Lot-Exclusive, Parking Lot-Shared
Exterior Description : Concrete Lot Description : Level Lot
Lot Size : .775 AC S.F Building Area : 12650 S.F Office Area : 1000 S.F Acres : 0.78 Zoning : I-1
Cooling : No Cool Heating : 4 Units, Forced Hot Air, Multi-Zone Fuel Type : Gas-Natural
Construction : Brick/Block Construction Date/Year Built Description : Approximate Roof Description : Flat Flooring : Concrete, Laminate
Max Ceiling Height: 13

PROPERTY DETAILS

Street Address: 413 E Main St
City: Denville
State: New Jersey
Postal Code: 07834-2515
County: Morris
MLS Number: 3825375
Year Built: 1954
Courtesy of RE/MAX SELECT

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