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175 Speedwell Ave 1,470 SF Retail Building Morris Plains, NJ 07950 $1,099,000 ($747.62/SF)
INVESTMENT HIGHLIGHTS
- Boasts 16-surface space, providing ample parking.
EXECUTIVE SUMMARY
The property is 1,470 sq ft and sits on .225 of an acre, maximizing the available space to offer one bay with convenient access. 16 on-site parking spaces are clearly marked and well-lit, offering ease of access for customers or staff. This generous parking availability is a rare and valuable asset in this sought-after location, providing ample room for clients or employees without the worry of finding additional parking.
Surrounded by other thriving businesses and in a prime, easily accessible location, this commercial building provides the perfect blend of visibility and practicality. Whether you’re looking for a place to establish a new business or expand your current one, this property offers a perfect balance of space and convenience.
Surrounded by other thriving businesses and in a prime, easily accessible location, this commercial building provides the perfect blend of visibility and practicality. Whether you’re looking for a place to establish a new business or expand your current one, this property offers a perfect balance of space and convenience.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
1,470 SF
Building Class
B
Year Built/Renovated
1986/2001
Price
$1,099,000
Price Per SF
$747.62
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.23 AC
Zoning
B-11, Morris Twp - Not zoned for car wash or drive-thru
Parking
16 Spaces (10.88 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Freeway Visibility
- Pylon Sign
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 22-10501-0000-00054 | Improvements Assessment | $105,900 (2025) |
| Land Assessment | $245,100 (2025) | Total Assessment | $351,000 (2025) |
PROPERTY TAXES
Parcel Number
22-10501-0000-00054
Land Assessment
$245,100 (2025)
Improvements Assessment
$105,900 (2025)
Total Assessment
$351,000 (2025)
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175 Speedwell Ave
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