Investment Opportunity! 100% Occupied Office Building

  • $975,000
Featured For Sale
160 S Pitney Rd
Featured

Investment Opportunity! 100% Occupied Office Building

160 S Pitney Rd
  • $975,000

Overview

  • Investment, Office
  • Property Type
  • Address 160 S Pitney Rd
  • State/county New Jersey
  • Zip/Postal Code 08205

Details

Updated on December 9, 2022 at 11:54 am
  • Price: $975,000
  • Year Built: 2010
  • Property Type: Investment, Office
  • Property Status: For Sale
  • Building SqFt: 6,000
  • Block #: 996
  • Lot #: 1
  • Current Occupancy: 100%
  • Lot Dimensions: 164' x 161'
  • Number of Washrooms: 4
  • Number of Buildings: 1
  • Number of Units: 5
  • Number of Stories: 2
  • Office SqFt: 6000
  • Parking Type: Paved, Off-Street
  • Frontage: 164'
  • Zoning: CVC
  • Total Assessment: $426,300
  • Assessed Land Value: $100,500
  • Improvement Value: $325,800
  • Tax: $13,688
  • Tax Year: 2021
  • Air Conditioner: Central Air
  • Basement: Partial Basement
  • Exterior Features: Signage
  • Construction/Siding: Vinyl
  • Heating: Forced Air, Gas - Natural
  • Interior Features: Elevator - Passenger, Handicap Features, Restroom(s)
  • Location: Corner
  • Road Frontage: County
  • Roof: Asphalt, Pitched
  • Sewer: Public
  • Style: Office Building
  • Water: Public

Description

100% Occupied! Great Creek Professional was built in 2010 and operated by the same owner since completion of construction. This is a strong building with a great layout for the surrounding market. First floor consists of Two ± 900 SF suites and One 1,800± SF suite. Second floor is comprised of Two 1,200± SF suites accessed by an elevator and center stairwell. All units are individually metered for electric and gas. This is a well-maintained and managed building with a stable tenant base. Great location sitting on the corner of a signalized intersection. 1.8 Miles to Garden State Parkway. Call for marketing package and Rent Roll.

All information is from sources deemed to be reliable; however, no warranty or representation is made as to the accuracy of the information provided herein by LEVIN Commercial Real Estate, LLC. (its principals, employees or agents). All information is submitted subject to errors, omissions or changes of availability and/or terms, which may be changed without liability upon discovery or notice. Many factors affect property value and the prospect agrees to take full responsibility for adequately investigating any potential conditions that may affect their ownership or usage of the property. All are advised and expected to retain competent advice for legal, financial, construction, architectural, engineering or appraisal matters, or any similar expertise, as LEVIN Commercial Real Estate, LLC. is a real estate brokerage firm and does not represent itself as a qualified professional in any other discipline.

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