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$1,950,000
70 Days On Site

225 Madison Ave
Morris Twp., NJ 07960

For Sale|Office|Pending
0
Beds
0
Full Baths
0
Partial Baths
8,856
SqFt
$220
/SqFt
1964
Built
County:
Morris

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225 Madison Ave225 Madison Ave225 Madison Ave225 Madison Ave
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Located just outside of the vibrant downtown Morristown, and close to route 24 and I287, this iconic self standing office building is a great investment opportunity for a a buyer or an end user. With 8856 square feet of beautiful office space, currently fully occupied by World Insurance this building is currently producing income. Current lease is in force until 6/30/27. Space has recently had new carpet installed, large reception area, private offices on all three floors, open areas with cubicle work spaces, conference rooms, 6 restrooms(2 per floor) and storage. Building has 6 air conditioning units and heating units with ample power to insure a perfect work environment. This site also allows for 37 on site surface parking spaces. Lease documents and expenses can be provided upon request.

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Listing Snapshot
Price 
$1,950,000
Days On Site 
70 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,856 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.7 Acres
Year Built 
1964
MLS® Number 
3929144
Status 
Pending
Property Tax 
$34,826
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoStatus changed to Pending
2 months agoListing first seen on site
General Features
Acres 
0.7
Number Of Stories 
3
Parking 
Off Street
Parking Spaces 
34
Property Sub Type 
Office
Security 
Smoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
8856
Utilities 
Cable AvailableNatural Gas Available
Water Source 
Public
Zoning 
B-11
Interior Features
Basement 
Finished
Cooling 
Central AirZoned
Flooring 
CarpetVinyl
Heating 
ElectricForced AirNatural GasZoned
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Exterior Features
Construction Details 
Brick
Lot Features 
Level
Roof 
Asphalt
Listing courtesy of DRISCOLL REAL ESTATE LLC 9737690216

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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