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Investment Highlights
- Next too New providence train station
- Incredible location and ample parking
- Trophy condition
Executive Summary
Presenting a rare opportunity to acquire a fully renovated, 3,800 SF trophy mixed-use property ideally positioned adjacent to the New Providence train station. Formerly a bank building, this asset was completely reimagined in 2019 with a full-scale renovation, including an expansion of the existing footprint, modernized systems, and high-end finishes throughout.
The property features an impressive, high-end entryway with a spacious reception area, anchored by a large reception desk and flanked by four well-proportioned private offices—creating an immediate, professional first impression. A state-of-the-art conference room further enhances functionality, making the space ideal for client-facing businesses.
The upper level offers four additional private offices along with a flexible administrative or bullpen-style workspace, allowing for efficient team operations and scalability.
The fully finished lower level provides exceptional versatility, offering customizable space to suit a variety of use cases, complemented by a beautifully designed kitchen—ideal for staff use or client hospitality.
Zoned for mixed-use, the property is well-suited for professional, medical, retail, or service-oriented users, as well as investors seeking a premier, turnkey asset in a highly desirable submarket.
Strategically located in a transit-oriented setting, the property benefits from consistent foot traffic, strong visibility, and seamless accessibility. The inclusion of 17 dedicated on-site parking spaces further enhances its appeal—an increasingly rare amenity in this market.
This is a true standout property that combines quality construction, thoughtful design, and an irreplaceable location, offering both immediate usability and long-term upside.
The property features an impressive, high-end entryway with a spacious reception area, anchored by a large reception desk and flanked by four well-proportioned private offices—creating an immediate, professional first impression. A state-of-the-art conference room further enhances functionality, making the space ideal for client-facing businesses.
The upper level offers four additional private offices along with a flexible administrative or bullpen-style workspace, allowing for efficient team operations and scalability.
The fully finished lower level provides exceptional versatility, offering customizable space to suit a variety of use cases, complemented by a beautifully designed kitchen—ideal for staff use or client hospitality.
Zoned for mixed-use, the property is well-suited for professional, medical, retail, or service-oriented users, as well as investors seeking a premier, turnkey asset in a highly desirable submarket.
Strategically located in a transit-oriented setting, the property benefits from consistent foot traffic, strong visibility, and seamless accessibility. The inclusion of 17 dedicated on-site parking spaces further enhances its appeal—an increasingly rare amenity in this market.
This is a true standout property that combines quality construction, thoughtful design, and an irreplaceable location, offering both immediate usability and long-term upside.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Bank
Building Size
5,858 SF
Building Class
B
Year Built/Renovated
1977/2019
Price
$1,500,000
Price Per SF
$256.06
Tenancy
Single
Building Height
3 Stories
Building FAR
0.55
Lot Size
0.25 AC
Zoning
C-1 - C-1/ Standard office legal and accounting/ personal and professional services/ Medical
Parking
17 Spaces (2.9 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-00340-0000-00001-20 | Improvements Assessment | $585,100 |
| Land Assessment | $45,000 | Total Assessment | $630,100 |
Property Taxes
Parcel Number
11-00340-0000-00001-20
Land Assessment
$45,000
Improvements Assessment
$585,100
Total Assessment
$630,100
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