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Est. payment | /mo
11,098 SqFt
$ 2,888,888
Est. payment | /mo
11,098 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 11,098 sqft
Price per Sqft $260
MLS Listing ID 4016293
Year Built 2007
Annual Tax Amount $43,832
Tax Year 2025
Lot Size 1.850 Acres
Property Description
Fully leased, income-producing professional and medical office building located within a well-established business district just off Route 15 in Sparta. The property offers approximately 11,000 SF of well-maintained office space and is fully occupied, providing consistent cash flow supported by a stable mix of medical and professional tenants. Lease structures include a combination of NNN and gross leases, allowing for expense reimbursements while maintaining predictable income. Planned capital improvements include HVAC upgrades and conversion to natural gas, which are expected to enhance efficiency and reduce operating costs. Additional features include elevator service and ample on-site parking. Located within a well-established professional business district with convenient access to Route 15, the property supports long-term tenancy without reliance on retail visibility.
Location
State NJ
County Sussex
Zoning ED
Interior
Heating Gas-Natural
Cooling 4+ Units
Equipment Fire Alarm, Handicapped Access, Passenger Elevator(s), Restrooms - Private, Sign - Freestanding
Heat Source Gas-Natural
Exterior
Exterior Feature Concrete
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Story 2
Sewer Septic
Water Public Water
Others
Ownership Fee Simple
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Listed by RE/MAX PLATINUM GROUP
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Katora Yim
REALTOR® | Lic# 9804062