115 Unit D 25-26 Mountain Lakes, NJ 07046
This exceptional 2,178 square foot mixed-use condo, located at 115 Route 46 Unit D 25-26 in Mountain Lakes, New Jersey, presents a unique investment opportunity. Currently configured as a fully furnished medical office, this ground floor unit is immediately available and boasts four exam rooms, a spacious waiting area, a dedicated conference room, a reception area, and a flexible-use room. The property is zoned OL-2, permitting a variety of uses including business, professional services, retail, wholesale, childcare, and medical practices. The building is a two-story structure. The sale price is $550,000 and the occupancy date is December 31, 2024. The unit's prime location along Route 46 ensures high visibility and accessibility. Potential buyers should note that the sale may include optional medical equipment, such as two ultrasound systems and a pack stem with monitors. This versatile space is perfect for established medical practices seeking a turnkey solution or for entrepreneurs looking to establish a new business in a thriving location. The property offers a blend of convenience, functionality, and significant potential for growth. The zip code is 07046.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.