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515 Church St

7,200 SF 65% Leased Office Building Bound Brook, NJ 08805 $1,500,000 ($208/SF)

Executive Summary

4-UNIT PROF. MEDICAL BUILDING FOR SALE. CORNER LOCATION WITH ABUNDANT PARKING 90% LEASED, 1 UNIT AVAILABLE, EXCELLENT INVESTMENT PROPERTY OR IDEAL OWNER/USER FOR MEDICAL AND/OR GENERAL OFFICE USER..MINUTES FROM RT 28, 22, I-287 AND RWJ UNIVERSITY HOSPITAL SOMERSET,PROJECTED ONCE VACANT UNIT IS LEASED NOI: $103,068 7% CAP

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
7,200 SF
Building Class
B
Year Built
1970
Price
$1,500,000
Price Per SF
$208
Percent Leased
65%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,200 SF
Building FAR
0.28
Lot Size
0.60 AC
Zoning
R-2 - Residential Zoning
Parking
32 Spaces (4.44 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Security System

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 2,550 SF
  • Office
  • -
  • Now

TURN KEY MEDICAL SUITE, 2550 SF, 8 EXAMS ROOMS, DOCTORS OFFICE, RECEPTION AREA, WAITING AREA, KITCHENETTE. LOCATED IN 4 UNIT MEDICAL BUILDING. OFFERED AT $15/SF GROSS PLUS UTILITIES

Space Size Space Use Condition Available
1st Floor 2,550 SF Office - Now

1st Floor

Size
2,550 SF
Space Use
Office
Condition
-
Available
Now

1st Floor

Size 2,550 SF
Space Use Office
Condition -
Available Now

TURN KEY MEDICAL SUITE, 2550 SF, 8 EXAMS ROOMS, DOCTORS OFFICE, RECEPTION AREA, WAITING AREA, KITCHENETTE. LOCATED IN 4 UNIT MEDICAL BUILDING. OFFERED AT $15/SF GROSS PLUS UTILITIES

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-00087-0000-00009
Land Assessment
$258,500
Improvements Assessment
$666,800
Total Assessment
$925,300
  • Listing ID: 31194352

  • Date on Market: 3/12/2024

  • Last Updated:

  • Address: 515 Church St, Bound Brook, NJ 08805

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