Listed by Nicholas Real Estate Agency
$3,500,000
137 Ellison Street
Details
APN 1608_4407_18
Property Type Office
Square Footage 28,524
Units 1
Occupancy 100%
Tenancy Single
Lease Expiration 07/01/2029
Stories 4
Lot Size (SqFt) 12,364
About This Property
Marketing description
APPROX 9% CASH ON CASH CAP BUILDING! NEED A 1031 EXCHANGE? LOOKING FOR INVESTMENT, OR LOOKING TO RUN YOUR OWN SCHOOL. 28,524 SQFT BUILDING CURRENTLY FULLY RENTED. 15 CLASSROOMS, 2 CAFETERIAS. LOCATED IN THE CENTER OF TOWN NEAR CITY HALL, NEAR PUBLIC SAFETY BUILDING, PASSAIC COUNTY COMMUNITY COLLEGE, PUBLIC PARKING. NEAR MASS TRANSIT, BUS STOP AT CORNER. 1/2 BLOCK FROM TRAIN. CLOSE TO ALL MAJOR HIGHWAYS RT 19,20,3,80,46, & PARKWAY. TENANTS IN PLACE UNTIL 2029 -
Listing Contacts
Listed by Nicholas Real Estate Agency
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