115 Route 46, Mountain Lakes, NJ 07046 | MLS 3773610 | Listing Information | Berkshire Hathaway HomeServices Horizon Realty | Berkshire Hathaway HomeServices Horizon Realty
FOR SALE
$1,659,000  

115 Route 46
Mountain Lakes, NJ 07046

Other
Commercial
0.22
Acres Lot
1of
Photos
Map
Courtesy: RE/MAX HOUSE VALUES
Great investment opportunity with multiple income sources. 5.5% cap rate! Two floors, 8 condo office building,15 total rental units, 9 current tenants with service agreements, also multiple virtual clients which bring in additional income! Virtual clients have no limit so there is plenty of room for growth. This office building is located in a beautiful office park in a high traffic area with easy access to all major highways. Features one main entrance, reception area/front desk, kitchenette, large courtyard and plenty of parking. Both floors recently updated each with 2 bathrooms, great finishes, bonus lofts, state of the art conference room, newer HVAC, and great natural light throughout the building. Financials available upon request. Additional condo also available in separate building only with purchase of building F 1,200 sqft.
3773610
Other, 2 Story
Morris
1987
0.22 Acres
Public Water
2
Other
Public Sewer
$0.00
Mt Lakes Business Park
All Underground
15 Total
Interior Features
Cooling
Central Air
Heating
Other. Forced Air.
Additional Interior Features
Restrooms - Private, See Remarks
Exterior / Lot Features
Parking
20 Parking Spaces. Blacktop, Off-Street Parking.
Exterior
Other
Roof
Asphalt, Shingle
Lot Dimensions
.219 AC
Zoning
Commercial
Additional Exterior/Lot Features
Level Lot.
Financial Considerations
Condominium
2325-00116-0000-00005-0041-
$41,798.00