Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1930
Sq.Footage
9,000
In wonderful downtown Millburn this unique property located at a higher elevation has never taken in any water contrary to nearby properties that have repeatedly been flooded. This 9 unit opportunity is almost completely rented with a current annual rent roll of over $220,000. Its very unique portfolio consists of 6 Commercial and 3 Residential rentals including a 2 Family duplex home located behind the shopping center. There are 5 store front rentals with two national brand tenants -- UPS shipping as the anchor tenant recently signed a 10-year lease and long-term tenant UBreakiFix -- along with three other local tenants, in addition to a second floor apartment and office space. Includes a private parking lot plus plenty of on and off street parking. Located in the heart of Millburn center. Walking distance to NYC train. Note for tax purposes this sale combines 304 and 306 Millburn Ave. To be sold together.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Heating YN
YES
-
Heating
Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Shared Driveway
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.17
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$2,550,000
-
Tax Amount
$18,680
-
Zoning
Commercial
-
Sq. Footage
9,000
-
Price/SqFt
$283
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Ownership
Fee Simple
-
Sewer
Public Sewer
-
Tax Lot
*
-
Water Source
Public
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Location
County
Essex
Elementary School
Middle School
High School
Listing Courtesy of None , COLDWELL BANKER REALTY
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