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$ 999,000
Est. payment /mo
Under Contract
17 Kiel Ave Kinnelon Boro, NJ 07405
7,368 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Under Contract
Purchase Type For Sale
Square Footage 7,368 sqft
Price per Sqft $135
MLS Listing ID 4006221
Year Built 1963
Annual Tax Amount $21,437
Tax Year 2024
Lot Size 0.670 Acres
Property Description
Rare chance to own a signature commercial asset in Kinnelon's exclusive business district. Located at the center of Kinnelon's limited commercial corridor, professional building offers an unparalleled combination of stability and future growth. Whether you are an owner-user looking for a flagship location or an investor seeking a high-demand asset, this property delivers. Property HighlightsAdaptable Footprint: Currently configured as 4 expansive office suites, future configurations could yield 8+ individual units.Diverse Income Stream: The building currently serves a robust mix of professional services, including physical therapy, accounting, yoga/wellness, and counseling.Medical-Ready Infrastructure: Historically utilized as a medical building, the property features the necessary bones for healthcare practitioners.Accessibility: Equipped with a wheelchair-accessible elevator, ensuring compliance and ease of access for all clients and patients.Exceptional Parking: A massive private lot provides 42 dedicated parking spaces, a rare find in this district that comfortably accommodates high-turnover wellness or medical practices.Location & Potential: Kinnelon is known for its high-end residential community and very limited commercial zoning. This creates a "moat" around existing business properties, ensuring long-term demand.Heart of the Business District: Prime visibility and easy access for the local community.
Location
State NJ
County Morris
Zoning Commercial
Interior
Heating Gas-Natural
Cooling Central Air
Flooring Carpeting, Laminate
Equipment Handicapped Access, Restrooms - Private, Smoke Detector
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block, Wood
Garage Spaces 42.0
Utilities Available Electric, Gas-Natural
Roof Type See Remarks
Building
Lot Description Open Lot
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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