Active
225 Madison Ave
Morris Twp NJ, 07960
$1,950,000
$220.19 per sqft
Active
8,856 sqft
Commercial
Built in 1964
Located just outside of the vibrant downtown Morristown, and close to route 24 and I287, this iconic self standing office building is a great investment opportunity for a a buyer or an end user. With 8856 square feet of beautiful office space, currently fully occupied by World Insurance this building is currently producing income. Current lease is in force until 6/30/27. Space has recently had new carpet installed, large reception area, private offices on all three floors, open areas with cubicle work spaces, conference rooms, 6 restrooms(2 per floor) and storage. Building has 6 air conditioning units and heating units with ample power to insure a perfect work environment. This site also allows for 37 on site surface parking spaces. Lease documents and expenses can be provided upon request.
3929144
MLSⓇ ID
October 13, 2024
Listed
November 7, 2024
Updated
Map
225 Madison Ave
Morris Twp NJ, 07960
Interior Features
Total Stories
3
Interior Features
Carpet, Vinyl
Floor Description
Carpet, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Electric, Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.7 Acres
Lot Features
Level
Roof
Asphalt
Sewer
Public Sewer
Other Property Details
Taxes
$34,826
Tax Frequency
Annually
Days on Market
25
Garage
Yes
Garage Spaces
34
Parking
Off Street
Parking Total
34
View
No
County
Morris
Water Source
Public
Pool
No
Zoning
B-11
Courtesy of DRISCOLL REAL ESTATE LLC with PATRICK JON DRISCOLL,
Listing Contact: 9736357272
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