NJ > East Orange City > Medical-Professional Office
East Orange City, NJ 07018,110 S Grove St
East Orange City, NJ 07018,110 S Grove St
East Orange City, NJ 07018,110 S Grove St
East Orange City, NJ 07018,110 S Grove St
East Orange City, NJ 07018,110 S Grove St
East Orange City, NJ 07018,110 S Grove St
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Kelly & Carl Robinson

Kelly & Carl Robinson

+1(973) 500-3253
$ 4,799,000
Est. payment | /mo

24,000 SqFt

Save
$ 4,799,000
Est. payment | /mo
Save

24,000 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 24,000 sqft

Price per Sqft $199

Subdivision Medical/Professional Office

MLS Listing ID 3983689

Year Built 1980

Annual Tax Amount $143,223

Tax Year 2024

Lot Size 0.670 Acres

Property Sub-Type Mixed Use

Property Description

Prime medical investment or owner occupied opportunity with this professional building, Fully occupied with three long time anchor tenants spanning 24,000 square feet situated on .67 acre of land offered at $4,799,000 with 7% CAP RATE IN RETURN ON INVESTMENT. The property is equipped with two elevators, loading docks and a generator , ensuring excellent logistic functionality for its anchor long time tenants which comprises of FRESENIUS DIALYSIS CENTER, STATE OF NEW JERSEY AND CITY OF EAST ORANGE. The property includes 64 parking spaces potential for generating more income on a month-to-month basis offering immediate cash flow potential. Explore the potential for growth and success in this prime medical / commercial space Conveniently located near Major Highways, RWJ, Cooperman Barnabas Medical Center, Clara Maass Medical Center, Newark Beth Israel Medical Center, Overlook Medical Center and many more. Don't miss this chance to invest in a high-growth, sought-after area with the Possibility to build an apartment complex.

Location

State NJ

County Essex

Zoning Commercial

Rooms

Basement Full, Unfinished

Interior

Heating Gas-Natural

Cooling Central Air, Multi-Zone Cooling

Flooring Concrete, Laminate, See Remarks, Tile, Vinyl-Linoleum

Equipment Burglar Alarm, Fire Alarm, Handicapped Access, Kitchen Area, Lifts, Office Equipment, Passenger Elevator(s), Restrooms - Private

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Garage Spaces 80.0

Utilities Available Gas-Natural

Roof Type Asphalt Shingle, Rubberized

Building

Lot Description Open Lot

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by KELLER WILLIAMS REALTY
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+1(973) 500-3253

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549 Millburn Ave, Short Hills, NJ, 07078-3330, USA

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110 S Grove St