21 Orchard St Denville, NJ 07834
- Commercial real estate
- 1,584 SF
- 0.24 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 21 Orchard St
- Year built
- 1977
- Lot size
- 0.24 lot acres
- Property size
- 1,584 SF
- Zone code
- OB-1
- Property type
- Commercial real estate
- APN
- 08 50410-0000-00006
- APU
- 850410000000006
Description
This exceptional 3,000 square foot commercial building in Denville, NJ, presents a unique investment opportunity. Situated on a 0.24-acre lot, the property features a pristine two-level layout, ideal for various professional uses. The first level currently houses a high-end dental practice, complete with a sophisticated reception area featuring a custom circular desk and granite countertops, four fully equipped exam rooms, a lab area, 1.5 bathrooms, and a private dentist's office. Cathedral ceilings create an open and inviting atmosphere. High-end dental equipment is available for purchase with the building. The second level, accessible via a separate entrance, offers six individual rooms currently leased to a therapist, generating immediate rental income. This level also includes a kitchenette and a half bath. The building's versatile configuration allows for diverse professional uses, offering potential for significant cash flow whether operating the existing dental practice, leasing the space, or relocating your own business. This is a rare opportunity to acquire a state-of-the-art commercial property with established income and significant upside potential. The asking price is $1,250,000.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $355,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $537,000
- AI Estimate
- $374,000
Market price range: $252k - $537kMarket price range: $124k - $374k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $385,000 Current use
- OFFICE BUILDING
- $330,000 Change: -13% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Denville
- County
- Morris
- State
- New Jersey
- Longitude
- -74.4772
- Latitude
- 40.8949
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA