Renovated Commercial Building Near Newton

80 Mill St, Newton, NJ 07860

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For Sale

$839,000

Versatile, renovated commercial building with parking near Newton center.

Type:Commercial

Property size:

3,400 SF

Lot size:

0.60 Acres

Price / SF:

$246/SF

HighLights

Updated, over 3,400 sq ft single‑story commercial building.
26 dedicated parking spaces.
Multiple exterior doors allow flexible use and multiple units.
Two reception areas and waiting rooms. Multiple private offices, treatment/conference rooms, large open room, and kitchen area.
Handicapped accessible.
Bonus building in the rear for storage or additional office/medical space.

We can help!

Contact an agent

DEBRA KISTLE

For Sale

$839,000

Versatile, renovated commercial building with parking near Newton center.

Type:Commercial

Property size:

3,400 SF

Lot size:

0.60 Acres

Price / SF:

$246/SF

Added:: Mar 10, 2026
Days on Market:: 120
Last Refresh:: Jul 2 at 7:24 am

Property Features for 80 Mill St

General Information

Standard status: Active
Size: 3,400 SF
Lot size: 0.60 Acres
Property subtype: Commercial

Building Details

Year Built: 1938

We can help!

Contact an agent

DEBRA KISTLE

Listing office

Listing date Mar 10, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of DEBRA KISTLE

HighLights

Updated, over 3,400 sq ft single‑story commercial building.
26 dedicated parking spaces.
Multiple exterior doors allow flexible use and multiple units.
Two reception areas and waiting rooms. Multiple private offices, treatment/conference rooms, large open room, and kitchen area.
Handicapped accessible.
Bonus building in the rear for storage or additional office/medical space.

Overview

This updated, single-story commercial building offers over 3,400 sq ft of space and is located one block from the center of Newton. The property has been recently renovated and features multiple exterior doors, allowing for flexible use configurations and the possibility of multiple units. There are 26 dedicated parking spaces. The interior includes two reception areas, waiting rooms, multiple private offices, treatment or conference rooms, a large open room that can be divided, and a kitchen area. The layout supports a wide range of professional, medical, or commercial uses. The building is handicapped accessible and includes two bathrooms, public water/sewer, and natural gas services. Exterior signage provides visibility on a well-traveled street. An additional building in the rear offers possibilities for storage or refurbishment into another functional office, professional space, or medical facility. The property is suitable for office, retail, or medical purposes.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$102.0k	$30.00
− Vacancy	−$32.6k	−$9.60
EGI	$69.4k	$20.40
− OpEx	−$17.3k	−$5.10
NOI	$52.0k	$15.30

3,400 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$743.1K

$650.3K – $867.0K (±1% cap)

NOI $52,020 @ 7.0% cap · market cap 6.20%

Second Best

Healthcare Medical

$723.2K

$632.8K – $843.8K (±1% cap)

NOI $50,625 @ 7.0% cap · market cap 6.03%

Theoretical Best

Office A

$887.8K

$776.8K – $1.04M (±1% cap)

NOI $62,147 @ 7.0% cap · market cap 7.41%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Location Insight

Map
Local Demand

City: Newton
County: Sussex
State: New Jersey
Longitude: -74.7562
Latitude: 41.0636

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For sale
Office buildings
NJ
Newton
07860
80 Mill St

What type of property is this?

Office building - Versatile, renovated commercial building with parking near Newton center.

Where is this office building located?

The property is located at 80 Mill St Newton, NJ.

What is the asking price?

The asking price for this property is $839,000.

What are key features of this property?

This property features: Updated, over 3,400 sq ft single‑story commercial building.; 26 dedicated parking spaces.; Multiple exterior doors allow flexible use and multiple units.