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420 Grand Ave

15,940 SF 45% Leased Office Building Englewood, NJ 07631 $4,599,000 ($289/SF)

Investment Highlights

  • Hard Corner Intersection; Visibility
  • Light Industrial / Medical Use / Office
  • Onsite Parking

Executive Summary

16,000 sf Medical/Office/Flex Space
8,800 sf Available located on the 2nd floor
Elevator Building
52 Parking Spaces onsite
Unique 2nd Floor space with high ceilings, direct walkout access to street/ramp/parking based on topography
Located in the LI (Light Industrial Zone of Englewood)
Corner Building right off the 4rt Exit Ramp (visibility from RT 4)
BUILDING / MONUMENT SIGNAGE POSSIBLE
RENDERINGS ARE FOR MARKETING PURPOSES ONLY - THESE ARE CONCEPTUAL DESIGNS FOR REFACING BUILDING & MINOR INTERIOR UPGRADES

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
15,940 SF
Building Class
B
Year Built/Renovated
1975/2011
Price
$4,599,000
Price Per SF
$289
Percent Leased
45%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,000 SF
Building FAR
0.32
Lot Size
1.16 AC
Opportunity Zone
Yes
Zoning
LI - Medical & Office are permitted uses along with: *Research & Development; Wholesale Sales; Light Warehousing/Distribution...See attached zoning Descr.
Parking
52 Spaces (3.25 Spaces per 1,000 SF Leased)

Amenities

  • Monument Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Floor
  • 1,500-8,800 SF
  • Office/Medical
  • Shell Space
  • Now

2nd Floor Office/Medical Space...Utilities Direct (gas/electric/water) 2nd floor ceiling heights up to 12'. Building will be undergoing interior and exterior upgrades...Renderings will be completed shortly.

Space Size Space Use Condition Available
2nd Floor 1,500-8,800 SF Office/Medical Shell Space Now

2nd Floor

Size
1,500-8,800 SF
Space Use
Office/Medical
Condition
Shell Space
Available
Now

2nd Floor

Size 1,500-8,800 SF
Space Use Office/Medical
Condition Shell Space
Available Now

2nd Floor Office/Medical Space...Utilities Direct (gas/electric/water) 2nd floor ceiling heights up to 12'. Building will be undergoing interior and exterior upgrades...Renderings will be completed shortly.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-02913-0000-00003
Land Assessment
$2,088,000
Improvements Assessment
$1,163,700
Total Assessment
$3,251,700
  • Listing ID: 29208919

  • Date on Market: 8/7/2023

  • Last Updated:

  • Address: 420 Grand Ave, Englewood, NJ 07631

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