NJ
Morris
Morristown Town
07960
5 Budd St
5 Budd St, Morristown Town, NJ 07960
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Listing Type
Commercial/Industrial
Listing Status
Active
17
$549,000

Home Details for 5 Budd St

Price
$549,000
Type
Commercial Sale
Year built
2013
Lot size acres
0.05
County
Morris
MLS Listing#
4047566
Property Description

A unique opportunity to own a freestanding commercial building with 4 off-street parking spaces in the heart of Morristown - just steps from Whole Foods, near the Morris County Courthouse and a short walk to the Green. Recently upgraded from top to bottom, the interior offers a large open-concept main space with vaulted ceilings, separate private office, private bathroom and wet bar/kitchenette area, providing a functional layout for a variety of professional uses. Roof just 3 years old, forced hot air, central air, public sewer, public water. Located in Morristown's MX-1 zone, the property presents a multitude of options beyond a traditional office. Attorneys, financial planners, consultants and other professionals can own their office or satellite location rather than lease, while buyers may also explore a potential residential/live-work conversion with the Town potentially without necessarily altering the existing exterior footprint. This could create a rare opportunity to combine living and working space under one roof, with potential qualifying home-office tax benefits depending on the owner's circumstances. The Seller is also open to including the remaining furniture for an agreed-upon price, offering the ability to purchase a nearly turnkey space. This unique property offers several different paths at a price point rarely available this close to the center of town. Commercial, residential and mixed-use possibilities are subject to Town approval and buyer due diligence.

Property Features
  • Heating Information
    • Electric
    • Forced Air
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • Utilities
    • Cable Available
Listing Courtesy: WEICHERT REALTORS - 201-653-8488
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EXIT CORNERSTONE REALTY
438 US Route 46, Kenvil, NJ 07847
Office
973 927 0250
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