184 Elm St | Westfield, NJ 07090
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184 Elm St
Westfield, NJ 07090
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Property fully leased at an excellent CAP rate. Approvals to add 2 stories of residential units (10 apartments), valid through 2028.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
12,000 SF
Building Class
B
Year Built/Renovated
1952/2005
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.81
Lot Size
0.34 AC
Zoning
Retail/ Office/Resid - Building lies is zoning that permits residential construction with office/retail in ground floor and basement.
Parking
30 Spaces (2.5 Spaces per 1,000 SF Leased)
Frontage
56’ on Elm St
AMENITIES
- 24 Hour Access
- Property Manager on Site
- Security System
- Tenant Controlled HVAC
- Storage Space
PROPERTY TAXES
| Parcel Number | 20-02405-0000-00030 | Improvements Assessment | $1,459,700 |
| Land Assessment | $834,800 | Total Assessment | $2,294,500 |
PROPERTY TAXES
Parcel Number
20-02405-0000-00030
Land Assessment
$834,800
Improvements Assessment
$1,459,700
Total Assessment
$2,294,500
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