89 Valley Rd, Montclair Twp., NJ 07042

$3,475,000

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List Price
$3,475,000
MLS#
4036362
Year Built
1970
Status
ACTIVE
County
Essex
City
Montclair Twp.

Property Description

Exceptional opportunity to acquire a freestanding, approximately 10,000 SF medical and professional office building in the heart of Montclair, NJ. Set on a high-visibility stretch of Valley Road, this two-story brick and block landmark, delivers the location, parking, and flexibility that today's medical, professional, and investor buyers demand.This is a true income-plus-upside play. Flexible floor plans set this building apart. The first floor is configured as two separate suites, an established medical suite of approximately 2,100 SF and an adjacent suite of approximately 2,000 SF. The two adjacent suites can easily be combined into a single, contiguous ground-floor space of roughly 4,100 SF, giving an owner-user the option to occupy an entire floor or a landlord the flexibility to lease one large suite or maintain two separate income streams. The full second floor is a single, expansive suite of approximately 4,300 SF, ideal for a larger practice or professional group that wants a private, dedicated floor with its own entrance, signage, and identity. Solid and well maintained, high-demand corridor where parking is at a premium.Property is being sold in as is condition. Transfer Tax will be split between buyer and seller. The buyer is responsible for obtaining and payment of any required Compliance inspections or certifications through township required to transfer ownership of this property.

Additional Information

Taxes
$59,772
Cooling
2 Units, Multi-Zone Cooling
Exterior
Brick/Block
Garage Spaces
17
Heating
2 Units, Multi-Zone
Roof
Asphalt Shingle, Flat
Sewer
Public Available
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
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Calculator source: Real Geeks

Listing Courtesy Of KELLER WILLIAMS REALTY, Contact: 856-904-1884

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