Boutique Office
For Sale
Contact for pricing
245 Main St, Chester, NJ 07930
Flexible suites support professional and boutique medical office users in a suburban setting.
Property Size35,846 SF
Lot Size4.48 Acres
Days on Market147
Property Features for 245 Main St
General Information
Standard status
Active
Size
35,846 SF
Total Parking Spaces
143
Lot size
4.48 Acres
Property subtype
Office
Zoning
Limited Business District (LBT)
Occupancy
99%
Lease Type
Net
Investment Type
Value Add
Net Operating Income
$422,622
Additional Details
Road Access
Yes
Building Details
Year Built
1924
Year Renovated
1954
Buildings
1
Stories
3
Tenancy
Multi
Building Size
35,846 SF
Listing Agency:
Cushman & Wakefield - Morristown, New Jersey
(973) 993-1200
Listed By:
Jordan Sobel · License #NJ 1969050
Source:
Crexi
Added: Apr 8
Changed: Aug 30
Last Checked: Aug 31 at 1:41AM
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 Cushman & Wakefield - Morristown, New Jersey
Investment Insights
Based on property information with market context.
The Williamson Building is a 35,846-square-foot office property on 4.48 acres, originally built in 1924. Its small, adaptable suites are configured for professional and boutique medical occupancy, with 13 tenants in place and current leasing reported at 99%. The property is zoned Limited Business District (LBT).
Positioned along Route 24 and directly off Route 206 in Chester, the building serves a low-density suburban setting in Western Morris County. The surrounding community has an average household income exceeding $230,000 within five miles, while the property’s location provides access to the Morris Route 206 Corridor.
Ownership has invested nearly $500,000 in building improvements. Average occupancy over the past five years was 91%, providing additional operating history for evaluation of the asset’s leasing performance.
Positioned along Route 24 and directly off Route 206 in Chester, the building serves a low-density suburban setting in Western Morris County. The surrounding community has an average household income exceeding $230,000 within five miles, while the property’s location provides access to the Morris Route 206 Corridor.
Ownership has invested nearly $500,000 in building improvements. Average occupancy over the past five years was 91%, providing additional operating history for evaluation of the asset’s leasing performance.
Key Highlights
- 35,846 SF office property situated on 4.48 acres
- 13 tenants with current occupancy reported at 99%
- Small, flexible suites support professional and boutique medical office users
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
795
Businesses Nearby
Explore this area
Business Placement
Demographics for 07930, NJ
8,514
Population
2,849
Households
3
Avg Household Size
45
Median Age
69%
College-Educated
99%
High-School Grad
25.4 sq mi
ZIP Area
335
Density / Sq Mi
$237,609
Median Household Income
$95,167
Median Earnings
$1,404
Median Rent
$758,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Flexible suites support professional and boutique medical office users in a suburban setting.
Where is this office building located?
The property is located at 245 Main St Chester, NJ.
What are key features of this property?
This property features: 35,846 SF office property situated on 4.48 acres; 13 tenants with current occupancy reported at 99%; Small, flexible suites support professional and boutique medical office users
