Log In/Sign Up
Your email has been sent.
Boonton National Bank 612 Main St 7,286 SF 100% Leased Office Building Boonton, NJ 07005 $1,499,000 ($205.74/SF) 5.67% Cap Rate



Investment Highlights
- The "Bank Building" is a prominent, historic brick landmark on Main Street in Boonton offering a rare investment or headquarters opportunity.
- Flexible floor plates support a wide range of uses including office, retail, lifestyle, and other commercial needs.
- Fully renovated in the 2000s, the property is in excellent condition with a strong leasing history and enduring presence.
- Modern updates blend seamlessly with preserved historic features, offering bright spaces with oversized windows, high ceilings.
Executive Summary
Welcome to the "Bank Building", a generational opportunity on thriving Main Street in Boonton. This prominent brick building anchors the core of historic downtown and provides for both a trophy investment and a statement location as a headquarters for your business. Fully updated and renovated in the 2000's, this property is ready for its next steward to benefit from its excellent condition, solid leasing track record and irreplaceable presence. The incredibly versatile floor plates can accommodate needs of varying sizes and can suit lifestyle, office, retail and other commercial uses. Inside and out, the well executed re-imagining of the property offers a great balance of modern styling and functionality with the best of the preserved features from its 20th century heritage. Bright, south facing exposure/views, over-sized windows, high ceilings and character throughout will ensure a desirable and unique workspace for tenants, employees and principals of this attractive offering.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
7,286 SF
Building Class
C
Year Built
1900
Price
$1,499,000
Price Per SF
$205.74
Cap Rate
5.67%
NOI
$85,000
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
1,822 SF
Slab To Slab
12’
Building FAR
1.67
Lot Size
0.10 AC
Zoning
B-1 - Commercial
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 01-00008-0000-00016-01 | Improvements Assessment | $123,300 |
| Land Assessment | $84,600 | Total Assessment | $207,900 |
Property Taxes
Parcel Number
01-00008-0000-00016-01
Land Assessment
$84,600
Improvements Assessment
$123,300
Total Assessment
$207,900
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Boonton National Bank | 612 Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
