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32 Mount Kemble Ave Morristown, NJ 07960

Boutique Office & Apartments, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional mixed-use property, located at 32 Mt Kemble Ave in Morristown, NJ 07960, presents a unique investment opportunity. Completed in 2021, the building boasts 8,856 square feet and features a blend of commercial and residential space. The property includes approximately 6,188 square feet of Class A office space, currently 100% occupied by the owner, and two additional one-bedroom loft-style apartments generating rental income. Situated on a 0.46-acre lot, the building offers superior street-level visibility thanks to rear-located parking (17 covered and 13 uncovered spaces). The building's meticulous craftsmanship is evident both inside and out. Its prime location, moments from the Morristown Green and the South Street retail corridor, provides excellent access to amenities and high visibility. The property is zoned MF-1 (Single & Two-Family Residential), offering flexibility for future use. The current owner is open to proposals involving full or partial vacancy at sale, or a leaseback arrangement. This is a rare chance to acquire a premium boutique office asset in a highly desirable Northern New Jersey market, ideal for owner-occupancy or leasing to multiple tenants. The three-story building consists of one structure with multiple tenants. The fee simple ownership offers complete control and potential for significant return on investment.

Highlights

  • 8,856 SF mixed-use building in Morristown, NJ, completed in 2021.
  • 6,188 SF of Class A office space, 100% owner-occupied.
  • Two one-bedroom loft apartments generating rental income.
  • 0.46-acre lot with 30 parking spaces (17 covered, 13 uncovered).
  • Prime location near Morristown Green and South Street retail corridor, offering high visibility.
  • MF-1 zoning allows for flexibility in future use.

Property Details for 32 Mount Kemble Ave

Property type
Office properties, Mixed-use properties
Square Feet
8,856 SF
Class
A
Year Built
2021
Buildings
1
Stories
3
Lot Size (sq. ft)
20,038 SF
Units
2

Location Insight

City
Morristown
County
Morris
State
New Jersey
Latitude
40.7927116
Longitude
-74.4853216

FAQs

What type of property is this?
Office property - Boutique Office & Apartments, Prime Location
Where is the office property located?
The property is located at 32 Mount Kemble Ave Morristown, NJ.
What are key features of this property?
This property features: 8,856 SF mixed-use building in Morristown, NJ, completed in 2021.; 6,188 SF of Class A office space, 100% owner-occupied.; Two one-bedroom loft apartments generating rental income.
How can I contact the broker?
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32 Mount Kemble Ave
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