271 Grv Ave Verona, NJ 07044-1730
- Commercial real estate
- 25,004 SF
- 3.58 lot acres
Current Use by Public Records
- The Compound Fitness Studio / Gym & Fitness Center
- Manish V. Bhalodia, MD, FACC / Physician
- Gorman Robert T MD / Pediatrician / Physician
- m+p international inc. / (Bike/Boat/Book/etc) Store / Corporate Office
- Mazzella Carmine A DO / Pediatrician / Physician
Property Details for 271 Grv Ave
- Year built
- 1999
- Lot size
- 3.58 lot acres
- Property size
- 25,004 SF
- Zone code
- M1
- Property type
- Commercial real estate
- APN
- 20 01201-0000-00011
- APU
- 2001201000000011
Description
This exceptional 2,000-square-foot office space at 271 Grove Avenue, Building G, in Verona, New Jersey (zip code 07044), presents a unique opportunity for businesses seeking a versatile and well-appointed workspace. The property is a single-tenant building, offering complete privacy and control. The layout is designed for optimal functionality, incorporating a blend of private and open areas. Two private offices provide dedicated space for individual work or meetings, while a spacious open workspace encourages collaboration and team interaction. A welcoming reception area creates a professional first impression for clients and visitors. Convenience is further enhanced by an included kitchenette, perfect for preparing refreshments, and a private bathroom for added comfort and privacy. Seven parking spots are conveniently located with the building, eliminating the hassle of finding parking in a busy area. This property is ideally suited for a variety of office uses, including traditional office settings, coworking spaces, executive offices, or creative office environments. The building's location in Verona, New Jersey offers easy access to major transportation routes and local amenities. This is a rare opportunity to secure a fully vacant, move-in ready office space in a desirable location. The open layout allows for customization to perfectly suit your business needs. Don't miss this chance to establish your business in this exceptional Verona property.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,750,000
- 6.5%
- $5,310,000
- 7%
- $4,930,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $4,293,000
Market price range: $2.35M - $5.89M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Verona
- County
- Essex
- State
- New Jersey
- Longitude
- -74.2361
- Latitude
- 40.8444
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
