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475 S Jefferson St

City Of Orange Twp., NJ 07050
  • $699,000
  • STATUS: Active Under Contract
  • ON SITE: 211 Days
  • MLS #: 3816703
Under Contract
UPDATED: 48 min ago
$699,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,700
    SQFT
  • $259
    $/SQFT
Type:
Commercial
Built:
1990
County:

School Ratings & Info

Description

Beautiful 2750 sqft commercial unit inside the Berg Hat Factory Condos located in the ARTS District in Orange! The condo building's renovation was completed in 2018. This unit was completely converted from raw space in early-2021, & retains its large factory-like windows, high ceilings, & industrial feel. Currently, the space is configured & used as a fitness/wellness studio. The space could be left as is or configured for use as professional offices, photographer/artist studios, or even a live/work space. Current configuration features: an open, airy loft-like area with a large reception area,a large lounge/meeting area, & a coffee bar; 2 sound-proofed fitness studios (including 1 with a heating system for hot yoga); a separate office/workroom; 2 restrooms & a shower room; two storage closets. Wired for mesh network & professional sound system throughout. Space has it's own separate entrance with permitted signage & an additional entrance through the building's common area. The unit overlooks the lovely private courtyard. Ideal location w/ the Highland Train 3 blocks away & Mountain Station in South Orange less than a mile away. Easy access to rt 280. Monthly HOA is approx. $500. Low utility bills (water included in HOA). Transferable 15+ year tax abatement. Owner's taxes were less than $2k for 2020 & 2021. Also for lease for $4500/month. Existing fitness business and all furnishings can be negotiated into the sale or lease. Opportunities like this are like shooting stars.

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Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or The Michele Klug Team | Keller Williams Towne Square Realty. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Michele Klug Team | Keller Williams Towne Square Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-06-07T23:46:44.11.
www.micheleklug.com/homes/134614735
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475 S Jefferson St City Of Orange Twp., NJ 07050

  • Price: $699,000
  • Status: Active Under Contract
  • On Site: 211 Days
  • Updated: 48 min ago
  • MLS #: 3816703
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,700
SQFT
$259
$/SQFT
1990
Built
County:
Essex
Area:
City Of Orange Twp.
Property Description
Beautiful 2750 sqft commercial unit inside the Berg Hat Factory Condos located in the ARTS District in Orange! The condo building's renovation was completed in 2018. This unit was completely converted from raw space in early-2021, & retains its large factory-like windows, high ceilings, & industrial feel. Currently, the space is configured & used as a fitness/wellness studio. The space could be left as is or configured for use as professional offices, photographer/artist studios, or even a live/work space. Current configuration features: an open, airy loft-like area with a large reception area,a large lounge/meeting area, & a coffee bar; 2 sound-proofed fitness studios (including 1 with a heating system for hot yoga); a separate office/workroom; 2 restrooms & a shower room; two storage closets. Wired for mesh network & professional sound system throughout. Space has it's own separate entrance with permitted signage & an additional entrance through the building's common area. The unit overlooks the lovely private courtyard. Ideal location w/ the Highland Train 3 blocks away & Mountain Station in South Orange less than a mile away. Easy access to rt 280. Monthly HOA is approx. $500. Low utility bills (water included in HOA). Transferable 15+ year tax abatement. Owner's taxes were less than $2k for 2020 & 2021. Also for lease for $4500/month. Existing fitness business and all furnishings can be negotiated into the sale or lease. Opportunities like this are like shooting stars.
Exterior Features

Approximate Lot Size 2700 SF Construction See Remarks Exterior Description Concrete Location Business DistrictResidential Area Number Of Bays 0 Number Of Docks 0 Parking Driveway Description On-Street Parking Roof Description See Remarks

Interior Features

Basement No Cooling Central Air Equipment Available Fire AlarmFurnitureKitchen AreaMachineryOffice EquipmentRestrooms - PrivateSee RemarksSign - Building Heating Forced Hot AirMulti-Zone Max Ceiling Height 14 Max Door Height 8 Number Of Lavatories 2 Office Sq Ft 200

Property Features

Expenses Include See Remarks For Sale Or Lease For Sale Fuel Type ElectricGas-Natural Primary Property Type Mixeduse Property Type Condo ComplexMixed UseSee Remarks Sale Includes Building & BusinessEquipment Sewer Public Sewer Suite Number C002 Tax Amount 3400 Tax Rate Amount 5.780 Tax Rate Year 2021 Tax Year 2023 Utilities ElectricGas-Natural Utilities Paid By Other Water Public Water Year Built Description ApproximateRenovated Zoning Comm

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Keller Williams City Life Realty: 201-659-8600.


Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or The Michele Klug Team | Keller Williams Towne Square Realty. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Michele Klug Team | Keller Williams Towne Square Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-06-07T23:46:44.11.
 
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