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228 Saint Paul St
Westfield, NJ 07090
228 SAINT PAUL STREET · Office Property For Sale
Investment Highlights
- LOCATION NEAR DOWNTOWN
- EXCELLENT INVESTMENT
- BEAUTIFUL, 2 UNIT BUILDING
Executive Summary
BEAUTIFUL, MIXED-USE BUILDING IN ONE OF WESTFIELD'S MOST DESIRED PROFESSIONAL ZONES. 228 ST PAUL STREET IS CONVENIENTLY LOCATED NEAR DOWNTOWN WESTFIELD WITH EASY ACCESS TO EATERIES AND ALL MAJOR TRANSPORTATION. THE PROPERTY CONSISTS OF TWO UNITS PLUS A PARKING LOT IN THE REAR. THE FIRST FLOOR OF THE BUILDING IS CURRENTLY OCCUPIED BY A DENTAL PRACTICE. THE SECOND FLOOR IS A LOVELY, TWO BEDROOM APARTMENT WITH AN OPEN FLOOR PLAN. THE KITCHEN, LIVING ROOM AND DINING ROOM ARE ALL CONNECTED AND OPEN TO EACH OTHER. PERFECT OPPORTUNITY FOR AN INVESTO
Property Facts
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Building Size
3,000 SF
Building Class
B
Year Built/Renovated
1920/2023
Price
$1,499,300 CAD
Price Per SF
$499.77 CAD
Cap Rate
5%
NOI
$74,965 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,500 SF
Building FAR
0.30
Lot Size
0.23 AC
Zoning
professional/mixed-use - P1: Mixed-use, professional and personal services, medical, standard office, residential.
Property Taxes
| Parcel Number | 20-03113-0000-00009 | Improvements Assessment | $275,613 CAD |
| Land Assessment | $767,322 CAD | Total Assessment | $1,042,935 CAD |
Property Taxes
Parcel Number
20-03113-0000-00009
Land Assessment
$767,322 CAD
Improvements Assessment
$275,613 CAD
Total Assessment
$1,042,935 CAD
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