10 Prospect St Westfield, NJ $ 1,995,000
10 Prospect St
$ 1,995,000
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10 Prospect St

Westfield, NJ, 07090
$ 1,995,000
Baths0.3 Sq 3,562

Monthly Estimate*

$ 13,936

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Studio

Commercial Property for sale in Westfield, NJ

for $1,995,000 with 3 half baths. This 3,562 square foot building was built in 1910 on a lot size of 0.06.

Price Lowered ! Incredible opportunity to invest in the heart of award-winning downtown Westfield ! This 3,562 sq ft, two unit office/retail building exudes charm & potential, located just steps from the train station into Manhattan. With plenty of visibility, the ground floor space creates a warm entryway with large picture windows edged in leaded glass & topped with bright scalloped awnings welcoming all who pass by. Perfect for an eatery or service business, but also works as the entrance of a trusted office space. First floor consists of two separate entrances, a large Common area, private office, large lab/workspace, two storage rooms & bathroom. The second floor is flooded with light from plenty of windows with three separate offices, two full bathrooms & eat-in kitchen. Additional features include beautiful hardwood floors & rear entrance providing private access to a large studio/office area & rear balcony. Building includes four furnaces with forced hot air on the 1st fl. & steam heat on the 2nd fl., three central air conditioning units, separate utilities, & two car parking. Potential buyers can easily occupy either space while collecting rent from the other. With prolonged exposure at the traffic light, this is an ideal location for any business/investor. Of Note: Owner Financing and/or a Lease/Purchase Agreement would be considered.

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Commercial Active

Price

$ 1,995,000

Bedrooms

Studio

Half Bath

3

Property Type

Commercial

Taxes

$ 24,706

Style

OffcFStd

Lot Size

0.06

Year Built

1910

Town/City

Westfield

County/Region

Union

MLS | Web ID

3877456

Features
General
Sewer Public Sewer
Construction Wood
Heating 4+ Units Forced Hot Air Radiators - Steam
Cooling 3 Units Central Air
Utilities Electric Gas-Natural
Possession Dec. 31 2023
Roof Asphalt Shingle
Zoning Commercial
Garage Spaces 2
Year Built 1910
Tenant Pays Electric Gas Heat See Remarks Water
Township Westfield Town
Property Type Free Standing Office Office/Retail See Remarks OffcFStd
Tax Year 2023
Percent Ownership Fee Simple
Location Business District See Remarks
Lease Information Negotiable
County Union
Subdivision Name Downtown Westfield
Status Active
Directions North Avenue to Prospect Street
Total Units 2
Street Name Prospect St
Tax Annual Amount 24706
Drive 1 Car Width Blacktop Parking Lot-Exclusive
Leasable Area 3562
Days on Market 123
Lease Type Modified
Standard Status Active
Tax Assessed Value 1070000
Town # 2920
Tax Lot 19
Farm Assessment No
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Interior
Flooring Carpeting Laminate Wood
Fuel Type Gas-Natural
Total Stories 2
Half Baths 3
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Exterior
Lot Features Corner
Water Source Public Water
Total Parking 2
Exterior Description Concrete
Building Area Total 3562
Lot Dimensions 40X84 AV
Lot Size Acres 0.06
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* Excluded Features
List By
ALAN A. RASMUSSEN

Listing Agent

Coldwell Banker Realty

Broker

alan.rasmussen@coldwellbankermoves.com

Email

Affordability Calculator

$15,995
Per Month
87%
13%
0%
Monthly Principal & Interest
$13,936
Monthly Property Taxes
$2,059
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/5/2024$1,995,000 -5.00% Price Down
12/7/2023$2,100,000 Listed Price

Map


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10 Prospect St, Westfield, NJ, 07090 is a Commercial Property for sale at $1,995,000 with 3,562 sqft and a lot size of 0.06. 10 Prospect St is a studio with 0.3 baths and was built in 1910. The property's zip code is 07090 which is in Westfield, NJ