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212 S Burnett St

1,720 SF Office Building East Orange, NJ 07018 $387,690 CAD ($225 CAD/SF) 8.70% Cap Rate

Investment Highlights

  • The building is also equipped with convenient amenities such as a kitchenette and updated restrooms.
  • Spaces is fully equipped and ready to support businesses of all sizes, offering modern infrastructure and flexibility.
  • With a central location and comprehensive renovations, this office space offers a professional, polished environment.
  • Known for its historic architecture and tree-lined streets, East Orange boasts a blend of classic charm and modern development.

Executive Summary

Discover a remarkable opportunity for any service-based business with this exceptional office space, formerly a prestigious law office. This property offers two fully renovated floors of sophisticated office space, providing a blend of modern design and functionality ideal for a wide range of professional services.
Located centrally in the East, this office space is strategically positioned to benefit from high visibility and easy accessibility. The building features a sleek, contemporary renovation that enhances its professional appeal, with an open-plan layout on each floor that can be tailored to fit your specific business needs.
Inside, you’ll find spacious and well-lit work areas, with high ceilings and large windows that create an inviting and productive atmosphere. Each floor includes state-of-the-art amenities, including advanced HVAC systems, high-speed internet connectivity, and ergonomic furnishings designed to maximize comfort and efficiency.
Additional features of this property include modern conference rooms equipped with the latest technology for seamless virtual meetings, private offices for confidential consultations, and versatile common areas perfect for team collaboration or client interactions.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,720 SF
Building Class
C
Year Built
1950
Price
$387,690 CAD
Price Per SF
$225 CAD
Cap Rate
8.70%
NOI
$33,712 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
860 SF
Building FAR
1.32
Land Acres
0.03 AC
Zoning
T-R2 - Transit - Medium Density Residential

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 1,500-1,600 SF
  • Office
  • -
  • Now

Spacious office space with tons of potential, centrally located in the heart of East Orange and perfect for a service business or office space. 2 full floors of space featuring a kitchen and 2 bathrooms.

Space Size Space Use Condition Available
1st Floor 1,500-1,600 SF Office - Now

1st Floor

Size
1,500-1,600 SF
Space Use
Office
Condition
-
Available
Now

1st Floor

Size 1,500-1,600 SF
Space Use Office
Condition -
Available Now

Spacious office space with tons of potential, centrally located in the heart of East Orange and perfect for a service business or office space. 2 full floors of space featuring a kitchen and 2 bathrooms.

Walk Score ®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
59,541
436,922
828,116
2024 Population
60,500
419,904
788,668
Population Growth '20-'24
1.6%
-3.9%
-4.8%
2020 Households
23,364
159,419
302,680
2024 Households
23,790
154,217
288,774
Household Growth '20-'24
1.8%
-3.3%
-4.6%
Average Age
38
37
38
Median Household Income
$48,880
$51,761
$62,286
Daytime Employees
15,983
160,980
316,451
Total Businesses
2,004
14,040
30,887
College Degree + Higher
19%
25%
30%
$ values in USD

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-00501-0000-00024
Land Assessment
$41,980 CAD
Improvements Assessment
$224,681 CAD
Total Assessment
$266,661 CAD
  • Listing ID: 33043237

  • Date on Market: 2024-09-03

  • Last Updated:

  • Address: 212 S Burnett St, East Orange, NJ 07018

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