475 S Jefferson St, City Of Orange Twp., NJ 07050 | MLS 3816703 | Listing Information | Berkshire Hathaway HomeServices Fox & Roach, REALTORS | Berkshire Hathaway HomeServices Fox & Roach, REALTORS
SOLD
$600,000  
Date 08/03/2023

475 S Jefferson St
City Of Orange Twp., NJ 07050

Multi-Family
Commercial
2,700
Sq. Ft.
N/A
Acre Lot
Courtesy: KELLER WILLIAMS CITY LIFE REALTY
Beautiful 2750 sqft commercial unit inside the Berg Hat Factory Condos located in the ARTS District in Orange! The condo building's renovation was completed in 2018. This unit was completely converted from raw space in early-2021, & retains its large factory-like windows, high ceilings, & industrial feel. Currently, the space is configured & used as a fitness/wellness studio. The space could be left as is or configured for use as professional offices, photographer/artist studios, or even a live/work space. Current configuration features: an open, airy loft-like area with a large reception area,a large lounge/meeting area, & a coffee bar; 2 sound-proofed fitness studios (including 1 with a heating system for hot yoga); a separate office/workroom; 2 restrooms & a shower room; two storage closets. Wired for mesh network & professional sound system throughout. Space has it's own separate entrance with permitted signage & an additional entrance through the building's common area. The unit overlooks the lovely private courtyard. Ideal location w/ the Highland Train 3 blocks away & Mountain Station in South Orange less than a mile away. Easy access to rt 280. Monthly HOA is approx. $500. Low utility bills (water included in HOA). Transferable 15+ year tax abatement. Owner's taxes were less than $2k for 2020 & 2021. Also for lease for $4500/month. Existing fitness business and all furnishings can be negotiated into the sale or lease. Opportunities like this are like shooting stars.
3816703
Multi-Family, Other
Essex
1990
Public
1
Public Sewer
2,700 Sq. Ft.
Natural Gas Available
1 Total
Interior Features
Cooling
Central Air
Heating
Gas Heat, Electric Heating. Forced Air.
Security
Smoke Detector(s)
Exterior / Lot Features
Parking
On Street.
Zoning
Comm
Community Features
Security Features
Smoke Detector(s)
Complex Features
Smoke Detector(s)
Financial Considerations
1617-05004-0000-00027-0002-C002
$3,400
Courtesy: KELLER WILLIAMS CITY LIFE REALTY
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