475 S Jefferson St, Orange, NJ 07050 | MLS 3816703 | Listing Information | Berkshire Hathaway HomeServices McGeehan & Pineiro Realty | Berkshire Hathaway HomeServices McGeehan & Pineiro Realty
FOR SALE
$725,000  

475 S Jefferson St
Orange, NJ 07050

Other
Commercial
2 Half
Baths
+
2 Half
2,700
Sq. Ft.
N/A
Acre Lot
1of
Photos
Map
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
Other, 1 Story
Essex
2 Half
1990
Public Water
1
Other
Public Sewer
2,700 Sq. Ft.
$268.00
Electric, Gas-Natural
1 Total
Bathrooms
2
Interior Features
Cooling
Central Air
Heating
Other. Forced Air.
Additional Interior Features
Fire Alarm, Furniture, Kitchen Area, Machinery, Office Equipment, Restrooms - Private, See Remarks, Sign - Building
Exterior / Lot Features
Parking
On-Street Parking.
Exterior
Other
Lot Dimensions
2700 SF
Zoning
Comm
Financial Considerations
Condominium
1617-05004-0000-00027-0002-C002
$1,098.00