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1 Elm St
Westfield, NJ 07090
Prime Downtown Westfield Mixed-Use · Office Property For Sale
Investment Highlights
- 100% occupied building with 91% of the building have 6+ years of term remaining
- Incredible demographics with over 350K people within 5 miles and an average household income surpassing $227K annually
- Keller Williams Premier Properties signed a 10-year net lease in 2022 with 3% annual increases in the base term
Property Facts
Property Type
Office
Building Size
10,369 SF
Building Class
C
Year Built/Renovated
1922/2018
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,185 SF
Building FAR
1.49
Lot Size
0.16 AC
Property Taxes
| Parcel Number | 20-03105-0000-00018 | Improvements Assessment | $2,740,100 |
| Land Assessment | $1,759,900 | Total Assessment | $4,500,000 |
Property Taxes
Parcel Number
20-03105-0000-00018
Land Assessment
$1,759,900
Improvements Assessment
$2,740,100
Total Assessment
$4,500,000
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