About 110 S Grove St
Prime medical investment or owner occupied opportunity with this professional building, Fully occupied with three long time anchor tenants spanning 24,000 square feet situated on .67 acre of land offered at $4,799,000 with 7% CAP RATE IN RETURN ON INVESTMENT. The property is equipped with two elevators, loading docks and a generator , ensuring excellent logistic functionality for its anchor long time tenants which comprises of FRESENIUS DIALYSIS CENTER, STATE OF NEW JERSEY AND CITY OF EAST ORANGE. The property includes 64 parking spaces potential for generating more income on a month-to-month basis offering immediate cash flow potential. Explore the potential for growth and success in this prime medical / commercial space Conveniently located near Major Highways, RWJ, Cooperman Barnabas Medical Center, Clara Maass Medical Center, Newark Beth Israel Medical Center, Overlook Medical Center and many more. Don't miss this chance to invest in a high-growth, sought-after area with the Possibility to build an apartment complex.
Features of 110 S Grove St
| MLS® # | 3983689 |
|---|---|
| Price | $4,799,000 |
| Square Footage | 24,000 |
| Acres | 0.67 |
| Year Built | 1980 |
| Type | Commercial |
| Status | Active |
Community Information
| Address | 110 S Grove St |
|---|---|
| Subdivision | Medical/Professional Offi |
| City | East Orange City |
| County | Essex |
| State | NJ |
| Zip Code | 07018-4102 |
Amenities
| Utilities | Gas-Natural |
|---|---|
| Parking Spaces | 80 |
| Parking | Additional Parking, Blacktop, Driveway-Exclusive, Parking Lot-Exclusive |
Interior
| Heating | Gas-Natural |
|---|---|
| # of Stories | 3 |
| Has Basement | Yes |
| Basement | Full, Unfinished |
Exterior
| Exterior | Brick |
|---|---|
| Lot Description | Open Lot |
| Roof | Asphalt Shingle, Rubberized |
Additional Information
| Date Listed | August 28th, 2025 |
|---|---|
| Days on Market | 63 |
| Zoning | Commercial |
Listing Details
| Office | KELLER WILLIAMS REALTY |
|---|---|
| Contact Info | 908-220-3484 |