32 Mount Kemble Ave
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32 Mount Kemble Ave
8,856 SF 100% Leased Office Building Morristown, NJ 07960 For Sale
Investment Highlights
- meticulous exterior
- One Passenger Elevator
- s downtown location moments from the Morristown Green and the South Street retail corridor.
Executive Summary
Recently completed in 2020, this mixed-use asset consists of approximately 6,188 SF of exceptionally built office space,with two additional 1-bedroom loft-style apartments providing rental income for the landlord. The property sits on a +/-0.46 acre lot with 153’ of frontage on Mount Kemble Avenue and benefits from superior street-level visibility due to all of the parking for the building being located in the rear of the property (17 covered spaces beneath the building and 13 uncovered parking spaces).
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
8,856 SF
Building Class
B
Year Built
2020
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,952 SF
Building FAR
0.48
Lot Size
0.42 AC
Zoning
4A - Mixed Use
Parking
29 Spaces (3.27 Spaces per 1,000 SF Leased)
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Walk Score ®
Very Walkable (86)
PROPERTY TAXES
Parcel Number | 24-07502-0000-00018 | Improvements Assessment | $995,300 |
Land Assessment | $1,384,000 | Total Assessment | $2,379,300 |
PROPERTY TAXES
Parcel Number
24-07502-0000-00018
Land Assessment
$1,384,000
Improvements Assessment
$995,300
Total Assessment
$2,379,300
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32 Mount Kemble Ave
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