Property Details for Prospect St

Year built

1910

Lot size

0.08 lot acres

Property type

Commercial real estate

Description

This exceptional 3,480 sq ft, two-story commercial building boasts a prime downtown Westfield location, directly across from the train station. The property features two separate suites with individual entrances, each offering ample natural light and customizable layouts. The first floor includes large windows, an open floor plan, private offices, a lab/workroom, storage, and a bathroom. The second floor comprises three large offices, two bathrooms, and beautiful hardwood floors. Two dedicated parking spaces are included, with additional street parking available. Separate utility metering for each floor ensures efficient cost management. The building is equipped with four furnaces and three central air conditioning units. The property offers versatile use potential, including retail, office, medical, dental, or fitness spaces. There's also the possibility of converting the second floor into two residential apartments (buyer to verify with the township). This presents a unique live/work opportunity or an excellent investment prospect in a highly desirable area. The asking price is $2,100,000, with annual real estate taxes of $24,706. This central Westfield location provides easy access for commuters and offers significant potential for various businesses. The property's high visibility and convenient location make it an attractive option for both local and out-of-town businesses.

Location Insight

City

Westfield

County

Union

State

New Jersey

Longitude

-74.3488

Latitude

40.6503