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520 Pleasant Valley Way

5,000 SF Office Building West Orange, NJ 07052 $1,350,000 ($270/SF)

Executive Summary

Great professional offices currently occupied by a medical group who will continue leasing the whole building or just the larger suite and owner can occupy the smaller suite. The tenant will also agree to vacate with proper notice after closing. The building is 2 floors with the addition of a third floor possible subject to town approval. There are tons of rooms for flexibility and there is a large private parking lot and handicap accessibility via elevator from that area. Building and grounds are in very well maintained condition. Turn key property!

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Office
Building Size
5,000 SF
Building Class
B
Year Built
1949
Price
$1,350,000
Price Per SF
$270
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,500 SF
Building FAR
0.21
Land Acres
0.54 AC
Zoning
R-6
Parking
15 Spaces (3 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Basement
  • Central Heating
  • Drop Ceiling
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-00154-06-00009
Land Assessment
$590,100
Improvements Assessment
$169,700
Total Assessment
$759,800
  • Listing ID: 29156133

  • Date on Market: 8/1/2023

  • Last Updated:

  • Address: 520 Pleasant Valley Way, West Orange, NJ 07052

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