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10 West Main Street 10 W Main St 4,875 SF 100% Leased Office Building Moorestown, NJ 08057 $1,700,000 ($348.72/SF)
EXECUTIVE SUMMARY
Prime commercial building found right in the center of Main Street, Moorestown. This property is zoned for both commercial and residential which means there is the ability to create multi-units in the future. Building is currently fully occupied with a lease in place until 2028 with 2 additional 5 year options available. This beautiful and extremely well maintained historic building in the heart of Moorestown is a true landmark on Main Street . As you approach the front door you will notice an oversized new front porch that will allow your tenants to sip their morning coffee while watching neighbors on their morning walks. The full brick exterior gives this building a classic and timeless touch. The front double doors give you access to a breathtaking foyer which reveals midcentury details including high ceilings with meticulously detailed trim and crown molding, and the winding wooden staircase which gives access to three floors. Luxury vinyl plank flooring, fresh paint, modern light fixtures, and premium carpet are just a few of the updates that leave this building move in ready. Each of the updated offices and meeting rooms are generously sized and offer plenty of natural light. There are 5+ parking spots available and street parking as well. This unparalleled building is a wonderful opportunity to own prime real estate in one of the best towns in NJ. The Main Street also offers plenty of dining options that are all walkable distances. This one will not last long!
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
4,875 SF
Building Class
C
Year Built
1925
Price
$1,700,000
Price Per SF
$348.72
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,625 SF
Slab To Slab
10’
Building FAR
0.41
Lot Size
0.28 AC
Zoning
R3, Moorestown Twp
Parking
6 Spaces (1.23 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
1 1
Walk Score®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 22-04502-0000-00017 | Improvements Assessment | $305,800 |
| Land Assessment | $118,400 | Total Assessment | $424,200 |
PROPERTY TAXES
Parcel Number
22-04502-0000-00017
Land Assessment
$118,400
Improvements Assessment
$305,800
Total Assessment
$424,200
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10 West Main Street | 10 W Main St
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