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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