74 S Powder Mill Rd, Parsippany-troy Hills Twp., NJ 07950

$1,300,000 Asking Price

1 bath
Built in 1985

Welcome to an exceptional investment property located in the heart of Parsippany just off the bustling Route 10! Commercial/residential let it be your choice! Continue to utilize the commercial units to rent out or design your dream home. This expansive multi-use office building offers a versatile space perfect for a variety of business needs. With 4 units total 3 on the first floor and 1 on the 2nd floor w/ separate entrances and exits this property is designed for convenience and functionality. The building is equipped with a total of 1 full bath and 3 half baths ensuring comfort and accessibility for both staff and clients. Ample parking is available on the side and rear of the building with the potential to expand the parking lot towards the wooded area accommodating even more vehicles. Situated near a thriving residential area this property presents a unique opportunity to attract residential clientele providing endless possibilities for growth and development. With a touch of TLC and your vision, transform this space into your dream home, office or suite rental destination. Don't miss out on the chance to make this prime Parsippany location your next successful venture.

Features & Amenities

Interior

Kitchen:
See Remarks
Appliances:
Carbon Monoxide Detector
Basement:
Full, Unfinished
A/C:
3 Units
Heating:
1 Unit, Baseboard - Hotwater, Gas-Natural
Fireplace:
Fireplaces: 0

Exterior

General:
Brick, Vinyl Siding
Style:
Colonial

Construction

Roofing:
Asphalt Shingle

Location

County:
Morris

Lot

Driveway:
2 Car Width, Additional Parking, Blacktop, Driveway-Exclusive, Off-Street Parking, Parking Lot-Exclusive
Zoning:
2329-00015-0001-00001-0000-

Utilities

Utilities:
Electric, Gas-Natural
Water:
Public Water
Sewer:
Public Sewer

This listing courtesy of:
COMPASS OF NEW JERSEY

About Morris Plains, NJ

Housing

Number of Units
8,607
Median Home Value
$486,954
Median Rent
$1,926

27.30% of housing units are renter occupied.

3.69% are vacant.

Commute

Car
67.80%
Public Transportation
3.06%
Walk to Work
0.77%
Work from Home
28.02%
Other
0.24%

The median travel time to work is 22 minutes.

People

Population
21,217
Median Age
43.40
Median Household Size
2.72

Education

High School
15.03%
Associate’s Degree
7.00%
Bachelor’s Degree
35.83%
Graduate Degree
27.98%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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