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Executive Summary

Owner occupied currently on floors 2-5. US Post Office occupies the ground level which is 3,178 SF. There is a rear building garage with drive in doors that total 1,724 SF. As well, storage in the basement. Owner willing to vacate upon sale which would leave 20,000 SF to a user.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
24,000 SF
Building Class
B
Year Built
2005
Price
$6,000,000
Price Per SF
$250
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
4,800 SF
Building FAR
0.55
Lot Size
1.00 AC
Zoning
M-1
Parking
54 Spaces (2.25 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -
  • L V One Group
  • Real Estate
  • -
  • -
  • -
  • Lamarca Footwear, LLC
  • Wholesaler
  • -
  • -
  • -
  • Scan Shipping
  • Wholesaler
  • -
  • -
  • -
  • Transportation and Warehousing
  • -
  • -
  • -

The United States Postal Service has a storied history as the institution of their Government guaranteeing safe and secure communication among and between the Government and the American people. Many are familiar with their history, which began with the Second Continental Congress and Benjamin Franklin in 1775 and continued in 1787 when the Postal Clause of the U.S. Constitution empowered Congress to establish post offices and post roads. Congress exercised those powers with the passage of The Post Office Act of 1792, which made the Postal Service a permanent fixture of the Federal Government. The Act included provisions to facilitate freedom of the press, the privacy of personal correspondence, and expand the nation’s physical infrastructure, all vital to their nation’s growth and prosperity.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
L V One Group Real Estate - - -
Lamarca Footwear, LLC Wholesaler - - -
Scan Shipping Wholesaler - - -
Transportation and Warehousing - - -
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
25-00036-01-00002-02
Land Assessment
$51,000
Improvements Assessment
$425,100
Total Assessment
$476,100
  • Listing ID: 35277098

  • Date on Market: 3/27/2025

  • Last Updated:

  • Address: 140 Smith St, Keasbey, NJ 08832

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