The Sturcke Building located at 107-115 Quimby street is a 14,630 sq. ft. mixed use building with 7,316 sq. ft. of 1st Floor retail space with 5 Store fronts along 107' of frontage and 4,807 sq. ft. of 2nd Floor walk-up professional offices. Located on .28 acre lot with ingress and egress driveways and 7 off-street parking spaces. Fully tenanted and well maintained by current owner for decades this building provides a 4.2% CAP Rate with upside potential beyond 5%. All maintenance and tenants have been cared for professionally by owners who know real estate. A rooftop stairwell from the building interior has allowed owners to service the flat roof with ease during it's lifetime. Certain lease expirations allow for an owner/user purchase for a retail or office occupancy creating the strategy for a potential new owner to pay rent directly into their own equity/retirement fund. This well built, poured concrete structure has a significant presence in the middle of Quimby Street providing excellent in-town access. Downtown Westfield, NJ is a vibrant live-work-play environment attractive to today's workforce. Fine dining, cafes, shops, services, and NJ Transit Train Station are all within 700 yards.
14,630 sqft lot 12,197 sqft floor 2 Mountainside