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    490 Main St Denville, NJ 07834

    Sponsored
    For Lease
    Contact for pricing

    Retail & Medical Office Suites Available

    Lot size:
    10,580 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10,580 square foot multi-tenant property, located at 490 E Main St in Morris County, offers a fantastic opportunity for retail and medical businesses. The building features two suites, with 2,800 square feet currently vacant and divisible into spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 1,600 square feet. The flexibility allows for businesses of various sizes to find the perfect fit. The property boasts ample parking with 54 spaces available for tenants and their clients. The strategic location between Route 10 and Route 46 ensures high visibility and easy accessibility for customers and employees, benefiting from significant traffic flow on both major roadways. The available spaces are adaptable and can be vented to accommodate a range of uses, making them ideal for medical practices or other retail businesses requiring specific ventilation systems. This property presents a rare chance to secure a well-situated space in a thriving Morris County location. The building's convenient access and flexible space options make it an attractive proposition for businesses seeking a prominent presence in a high-traffic area. Don't miss this opportunity to establish your business in this desirable location.

    Property Features for 490 Main St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,580 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,200 SF
    Space
    Available Space 2
    Size
    1,600 SF
    Space
    Combined of 1200 SF and 1600 SF
    Size
    2,800 SF

    HighLights

    • 10,580 SF medical office and retail building in Morris County.
    • Two suites available, totaling 2,800 SF of vacant space.
    • Individual suites range from 1,200 SF to 1,600 SF, combinable to 2,800 SF.
    • Suitable for retail and medical tenants; spaces can be vented.
    • Excellent location between Route 10 and Route 46, offering easy access.
    • 54 parking spaces available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Denville
    County
    Morris
    State
    New Jersey
    Longitude
    -74.480225
    Latitude
    40.8760968

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    FAQs

    What type of property is this?
    Neighborhood center - Retail & Medical Office Suites Available
    Where is this neighborhood center located?
    The property is located at 490 Main St Denville, NJ.
    What are key features of this property?
    This property features: 10,580 SF medical office and retail building in Morris County.; Two suites available, totaling 2,800 SF of vacant space.; Individual suites range from 1,200 SF to 1,600 SF, combinable to 2,800 SF.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    490 Main St Denville, NJ 07834
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