Property profile

73 Park St Montclair, NJ 07042

OFF-MARKET
Office Spaces
0.39 ac lot Built 1920
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Property summary

AI-generated overview

This exceptional 0.39-acre commercial property, located at 73 Park Street, Unit A, in Montclair, NJ, presents a unique opportunity for medical professionals. The entire ground floor is available for immediate occupancy, offering approximately [Square footage not provided] of versatile space. Its prime location ensures high visibility and accessibility, making it ideal for a variety of medical practices. The property boasts convenient ground-floor access, eliminating the need for stairs and ensuring ease of access for patients and staff. Previously occupied by a thriving pediatrician's office, this space is ready for immediate use and benefits from an established infrastructure. The building's location within Montclair offers a vibrant and thriving community, providing a strong patient base and ample opportunities for growth. The asking price for this exceptional medical office space is $6,000. This represents a significant opportunity to establish or relocate a medical practice in a highly desirable location. Serious inquiries are encouraged to explore this promising investment. Further details regarding the property's precise square footage are available upon request.

Property profile

Verified
Property type Office Spaces
Year built 1920
Lot 0.39 ac (16,988 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Dental Office
  • Physician
  • Physician
  • Pediatrician Medical Clinic

Location

73 Park St Montclair, NJ 07042
Montclair metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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