14 Commerce St | Flemington, NJ 08822
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14 Commerce St
Flemington, NJ 08822
Penns Square · Office Property For Sale
Investment Highlights
- Value Add Opportunity in Renting Out Vacant Space and Bringing Rents to Market – Current Rents Considerably Below Market Rate
- B-2 Commercial Zoning
- Property Sits Directly Behind Signalized Intersection of Commerce Street and US-202 – Over 47,000 Vehicles Per Day
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Office
Building Size
16,082 SF
Building Class
C
Year Built
1999
Price
£1,362,550
Price Per SF
£85
Percent Leased
80%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
8,041 SF
Building FAR
0.19
Lot Size
1.98 AC
Zoning
B-2 - B-2 Zoning
Parking
95 Spaces (5.91 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 21-00067-0000-00022-06 | Improvements Assessment | £1,426,910 |
| Land Assessment | £438,421 | Total Assessment | £1,865,331 |
PROPERTY TAXES
Parcel Number
21-00067-0000-00022-06
Land Assessment
£438,421
Improvements Assessment
£1,426,910
Total Assessment
£1,865,331
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