175 Morris AveSpringfield, NJ 07081

Property Details for 175 Morris Ave

Lot size

0.18 AC

Property size (Sq ft)

3,000 SF

Property type

Healthcare properties

Property subtype

Other retail properties

Description

This exceptional 3,000 square foot medical office building, located at 175 Morris Avenue in Springfield, New Jersey (Union County, zip code 07081), presents a unique investment opportunity. The property sits on a 0.18-acre lot and boasts a four-story structure. The building offers ample parking, a significant advantage for both patients and staff. The building footprint measures approximately 18,254 square feet, with a 60% building coverage and 81% lot coverage. The property's strategic location provides convenient access to a variety of amenities, including restaurants, a pharmacy, banks, a grocery store, and the nearby Short Hills Mall. Public transportation is readily available, with a nearby NJ Transit bus stop (route 114) offering direct access to New York City. Annual property taxes are $30,027.81 (2024). This versatile property is ideal for a variety of medical practices, offering significant potential for growth and profitability. The building's existing structure allows for the potential to fully utilize all four stories. This is a rare opportunity to acquire a well-situated medical office building in a thriving New Jersey community.

Location Insight

City

Springfield

County

Union

State

New Jersey

Latitude

40.7105

Longitude

-74.3089

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