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Bldg 1 906 Mount Kemble Ave 7,156 SF Vacant Retail Building Morristown, NJ 07960 For Sale
Investment Highlights
- Owner-Occupier or Investor Opportunity
- 200' of Frontage on Route 202
- 7,156 SF Wagonhouse Building and 605 SF Barn Building
Executive Summary
As the exclusive agent, Cushman & Wakefield is pleased to offer a 100% fee interest in 906 Mount Kemble Avenue, Morristown, New Jersey 07960 for sale. This unique opportunity features a 7,156 SF primary office building and separate 605 SF retail building on a 0.689-acre site along Route 202. The Property offers approximately 200 feet of frontage on Route 202, providing excellent visibility and direct access.
The primary building was extensively renovated in 2020 and represents a turnkey investment or occupancy opportunity for a corporate headquarters, professional services firm, medical or healthcare user, design firm, or other potential occupant. The Property includes a back-up generator for the main building, 36 on-site parking spaces, two EV charging stations, and a parking ratio of approximately 4.64 spaces per 1,000 SF.
Both buildings are currently occupied by established tenants, with lease terms extending into early 2027, providing near-term rental income while offering an incoming owner flexibility for future occupancy or continued investment use. A buyer may elect to maintain the existing tenancy, subject to the respective lease terms, or pursue its own occupancy strategy as those terms allow. The separate 605 SF retail building is being offered in its current, as-is condition.
The primary building was extensively renovated in 2020 and represents a turnkey investment or occupancy opportunity for a corporate headquarters, professional services firm, medical or healthcare user, design firm, or other potential occupant. The Property includes a back-up generator for the main building, 36 on-site parking spaces, two EV charging stations, and a parking ratio of approximately 4.64 spaces per 1,000 SF.
Both buildings are currently occupied by established tenants, with lease terms extending into early 2027, providing near-term rental income while offering an incoming owner flexibility for future occupancy or continued investment use. A buyer may elect to maintain the existing tenancy, subject to the respective lease terms, or pursue its own occupancy strategy as those terms allow. The separate 605 SF retail building is being offered in its current, as-is condition.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,156 SF
Building Class
C
Year Built/Renovated
1952/2020
Percent Leased
Vacant
Building Height
3 Stories
Building FAR
0.24
Lot Size
0.69 AC
Zoning
B-2, Harding
Parking
36 Spaces (5.03 Spaces per 1,000 SF Leased)
Frontage
200’ on Mount Kemble
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,380,500 | |
| Land Assessment | $665,500 | Total Assessment | $2,046,000 |
Property Taxes
Parcel Numbers
Land Assessment
$665,500
Improvements Assessment
$1,380,500
Total Assessment
$2,046,000
Contacts
-
Andrew Schwartz -
Jordan Sobel -
Daniel Bottiglieri -
Andre Balthazard -
Cushman & Wakefield
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