248 Lorraine Ave Suite 4 Montclair, NJ 07043
This exceptional office suite, located at 248 Lorraine Ave Suite 4 in the vibrant Upper Montclair Center, presents a fantastic opportunity for a small business or professional. The suite itself measures 120 square feet (10' x 12'), offering a comfortable and efficient workspace. Rent is $650 per month, which includes all utilities, a significant advantage in today's market. The landlord covers sewer and snow removal, minimizing operational expenses for the tenant. Modern conveniences such as internet and fiber optic access are readily available. Tenant insurance is required. The building features an elevator for convenient access. This suite is ideally situated near Midtown Direct train service and NJ Transit bus routes, ensuring easy commuting for employees and clients. Furthermore, two municipal parking lots are conveniently located nearby, addressing parking concerns. There is potential for expansion
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Dr. Lauren Rogers-Sirin Psychotherapist
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Own The Room Business Service Center
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Albert Rodriguez,CPA Consultant
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Timothy K. Giordano, Esq. Law Firm
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Tag Online, Inc. Marketing & Advertising (Bike/Boat/Book/etc) Store
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.