21 Orchard St
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21 Orchard St
3,000 SF Vacant Office Building Denville, NJ 07834 $1,250,000 ($417/SF) 1.60% Cap Rate
Investment Highlights
- 1st Floor Cathedral Ceilling
- 2 Floor exam/office rooms
- Custom reception desk with granite counters
Executive Summary
State-of-the-Art Professional Office Building for Sale!
Discover an exceptional opportunity to own a state-of-the-art commercial building, perfectly designed for professional practices. This pristine, two-level office space offers modern amenities and versatile configurations, making it an ideal investment for a variety of professional uses.
First Level: As you enter the first level, you are welcomed by a sophisticated reception area featuring custom circular reception desk with granite countertops and a comfortable waiting area. This level is currently utilized as a high-end dental office, complete with top-tier equipment. The equipment can be included in the sale if the buyer wishes to purchase both the practice and the building. The first level also boasts beautiful cathedral ceilings, creating an open and inviting atmosphere, four fully equipped exam rooms a lab area, 1.5 bath & private office for dentist complete this floor, providing ample space for patient care and professional operations.
Second Level: The second level, with its own private entrance, offers 6 separate rooms currently rented by a therapist, providing an immediate income stream. This level also includes a convenient kitchenette and a half bath, ensuring a comfortable and functional space for clients and staff alike.
Additional Features:
• Approximately 3,000 sq ft of flexible office space throughout the building
• Additional basement storage space
• Approximately 15 parking spaces for staff and clients
• Modern, energy-efficient building systems
• High-speed internet and advanced telecommunications infrastructure
Whether you are looking to purchase the existing dental practice, buy the building to lease, or move your own professional practice into this space, there are endless opportunities here to maximize the building's potential and generate cash flow. This stunning building is in pristine condition and ready to meet your professional needs.
Contact us today to schedule a private tour and explore the limitless possibilities this exceptional property has to offer.
Discover an exceptional opportunity to own a state-of-the-art commercial building, perfectly designed for professional practices. This pristine, two-level office space offers modern amenities and versatile configurations, making it an ideal investment for a variety of professional uses.
First Level: As you enter the first level, you are welcomed by a sophisticated reception area featuring custom circular reception desk with granite countertops and a comfortable waiting area. This level is currently utilized as a high-end dental office, complete with top-tier equipment. The equipment can be included in the sale if the buyer wishes to purchase both the practice and the building. The first level also boasts beautiful cathedral ceilings, creating an open and inviting atmosphere, four fully equipped exam rooms a lab area, 1.5 bath & private office for dentist complete this floor, providing ample space for patient care and professional operations.
Second Level: The second level, with its own private entrance, offers 6 separate rooms currently rented by a therapist, providing an immediate income stream. This level also includes a convenient kitchenette and a half bath, ensuring a comfortable and functional space for clients and staff alike.
Additional Features:
• Approximately 3,000 sq ft of flexible office space throughout the building
• Additional basement storage space
• Approximately 15 parking spaces for staff and clients
• Modern, energy-efficient building systems
• High-speed internet and advanced telecommunications infrastructure
Whether you are looking to purchase the existing dental practice, buy the building to lease, or move your own professional practice into this space, there are endless opportunities here to maximize the building's potential and generate cash flow. This stunning building is in pristine condition and ready to meet your professional needs.
Contact us today to schedule a private tour and explore the limitless possibilities this exceptional property has to offer.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$16,531
|
$5.51
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$16,531
|
$5.51
|
Financial Summary (Actual - 2023)
| Taxes | |
|---|---|
| Annual | $16,531 |
| Annual Per SF | $5.51 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $16,531 |
| Annual Per SF | $5.51 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,000 SF
Building Class
C
Year Built
1977
Price
$1,250,000
Price Per SF
$417
Cap Rate
1.60%
NOI
$20,000
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,500 SF
Building FAR
0.28
Lot Size
0.24 AC
Zoning
OB-1 - Commercial
Parking
15 Spaces (5 Spaces per 1,000 SF Leased)
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Walk Score ®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 08-50410-0000-00006 | Total Assessment | $625,000 (2024) |
| Land Assessment | $139,100 (2024) | Annual Taxes | $16,531 ($5.51/SF) |
| Improvements Assessment | $485,900 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
08-50410-0000-00006
Land Assessment
$139,100 (2024)
Improvements Assessment
$485,900 (2024)
Total Assessment
$625,000 (2024)
Annual Taxes
$16,531 ($5.51/SF)
Tax Year
2023
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21 Orchard St
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