232 Saint Paul St Westfield, NJ 07090-5112
This exceptional office space, located at 232 Saint Paul Street, Unit 201, in Westfield, NJ, offers a fantastic opportunity for businesses seeking a prime location. The property is situated on a 0.17-acre lot and features a completely renovated office building under new ownership. The entire second floor, approximately 1,000 square feet, is available for lease. Alternatively, the space can be subdivided into three individual offices, each available for separate lease. This provides flexibility for businesses of various sizes. The building benefits from its convenient location near downtown Westfield, providing easy access to a wide array of amenities. Ample parking is available for tenants, adding to the property's appeal. For added convenience, garage space is also available for an additional monthly fee of $300. This is a gross lease, meaning that the monthly rent of $1350 covers all expenses, simplifying budgeting and eliminating unexpected costs. This is a rare opportunity to secure a well-appointed, conveniently located office space in the thriving town of Westfield. Inquire today to learn more about this exceptional property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.