Description
The property is a 6,500±sf one story, commercial condominium of which currently 5,500±sf is comprised of open space and 1,000±sf is currently used as office space. The property has 22’ to 24’ ceiling heights and is zoned commercial, permitting several potential uses such as; office, retail, light industrial and more. The condominium complex has very low vacancy and is occupied by various businesses and professionals. The complex is located on Route 206 which is a heavily trafficked thoroughfare through Morris County. Several major retailers such as Wal-Mart as well as residential developments are located just minutes from the property.
Terms & Conditions
- Buyers Premium: 10% Buyers Premium based on the high bid.
- Closing: Sold in As-Is condition, no contingencies.
- Deposit Amount: $25,000 deposit due at time of auction. DEPOSIT MUST BE IN THE FORM OF A BANK CHECK.
- Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.
Inspections
Terms & Conditions
- Buyers Premium: 10% Buyers Premium based on the high bid.
- Closing: Sold in As-Is condition, no contingencies.
- Deposit Amount: $25,000 deposit due at time of auction. DEPOSIT MUST BE IN THE FORM OF A BANK CHECK.
- Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.