366 Main StWest Orange, NJ 07052

For Sale
$600,000

Renovated 4-unit office building, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 2,835 square foot commercial building in West Orange, NJ, presents a unique investment opportunity. Completely renovated in 2023, this three-story property, built in 1940, offers four units ideal for a variety of professional uses, including creative, executive, and medical offices. The building is currently vacant and ready for immediate occupancy, allowing for customization to suit your specific needs. The property sits on a 0.16-acre lot and includes five parking spaces, offering both on-site and convenient street parking. Each unit features separate utilities, with two units boasting upgraded central HVAC systems. Unit sizes range from approximately 367 square feet to 831 square feet, with estimated rental income potential ranging from $800 to $2,400 per month. The property is zoned B2, permitting a wide range of uses including retail stores, personal service studios, office buildings, vocational schools, and restaurants and bars. Its prime location near shops, train stations, and major highways ensures excellent accessibility for tenants and clients. This is an exceptional opportunity to acquire a fully renovated, multi-tenant commercial building in a thriving New Jersey community. The asking price is $600,000, and the lease type is gross.

Highlights

  • Fully renovated 2,835 SF, three-story commercial building in West Orange, NJ.
  • Four vacant units ready for immediate occupancy, ideal for various professional uses.
  • 0.16-acre lot with five parking spaces.
  • Unit sizes range from 367 SF to 831 SF, with potential rental income from $800 to $2,400/month.
  • B2 zoning allows retail, personal services, offices, vocational schools, restaurants, and bars.

Property Details for 366 Main St

Property type
Other office properties, Medical offices
Square Feet
2,835 SF
Year Built/Renovated
1940/2023
Stories
3
Lot Size (sq. ft)
6,970 SF
Units
4

Location Insight

City
West Orange
County
Essex
State
New Jersey
Latitude
40.790473993208
Longitude
-74.23276932371
366 Main St, West Orange, New Jersey

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
366 Main St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message