Property profile

19 E Main St Mendham, NJ 07945

FOR SALE
Commercial real estate
Property ID
US59-1829402
0.56 ac lot Built 1990
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1,050 square foot medical office suite is the last available space for lease within a 5,490 square foot medical/professional building located at 19 E Main Street, Suite 3, in the heart of Mendham Borough, New Jersey. The property is situated in the historic business district, offering high visibility and convenient access for patients and staff. The suite is a single-tenant space, ideal for a variety of medical practices seeking a well-established and professional environment. The building itself provides a modern and functional setting, perfect for a growing practice. This is a rare opportunity to secure a desirable office space in a thriving New Jersey community. The address is 19 E Main Street, Suite 3, Mendham Borough, NJ 07945. The property's convenient location offers easy access to major transportation routes, ensuring seamless commutes for both employees and clients. The suite's size is perfectly suited for a range of medical specialties, providing ample space for examination rooms, waiting areas, and administrative offices. This is a single-tenant occupancy, offering privacy and control over the space. Don't miss this chance to establish your practice in a prime location within a well-maintained building. Inquire today to learn more about this exceptional leasing opportunity.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1990
Lot 0.56 ac (24,394 SF)
Zoning code B
APN 18 01501-0000-00008
UPID US59-1829402

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
  • Physician Medical Clinic
  • Physician
  • Alternative Medicine Practice Spa & Massage Center

Location

19 E Main St Mendham, NJ 07945
Mendham metro Census 46400 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2015
1 recorded transaction
2015
$1.2M

Zoning & alternative use

B · Mendham, NJ

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message