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Key Details
Sold Price $2,600,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 11,396 sqft
Price per Sqft $228
MLS Listing ID 2409362R
Sold Date 09/05/24
Originating Board CJMLS API
Annual Tax Amount $42,627
Tax Year 2022
Lot Size 2.099 Acres
Acres 2.0987
Lot Dimensions 0.00 x 0.00
Property Description
1445-1447 Route 130 is a unique opportunity for an owner occupier or investor to acquire two buildings on one large parcel of land. The front building is 5,740, and is newly constructed. It is currently vacant and ready for an owner occupier. It was designed with multiple meters and entrances, and could also be divided for 1-3 users. The rear building is 5,656 SF and is currently leased to 6 Tenants, providing approx. $77,000 in annual revenue with potential to increase rents. The property has 67 listed parking spaces, which is ideal for users needing excess parking. Ideal Uses: Urgent Care, Family Care, Orthopedic, Physical Therapy, Wellness Center, Dermatology, Dental Office, Oral Surgery, or any Medical Use. Also ideal for a range of Professional Uses such as: Accounting, Title Company, Real Estate, Attorney, Architects, Tutoring Center, Daycare, It Consulting, IT Staffing, etc. Also ideal for Adult Daycare, Special Needs Day Programs, Community Centers, or Non-Profit Headquarters. Potential to Occupy the front building and collect income from the rear building. Front building is 51% of the total property, making it ideal for SBA or EDA Financing opportunities for owner occupiers. Property Features: 11,396 SF comprised of Two Freestanding Medical/ Professional Buildings 2.08 Acres on Busy Route 130 Front Building: 5,740 SF Newly Constructed w/ Multiple Meters & Entrances. Ideal for One Large Medical/ Professional Owner Occupant. High Ceilings, and Large Perimeter Windows for an Open/ Natural Feel. Large Meetings Rooms and Open Areas for Cubicles/ Workstations. Flexible Floorplan with the ability to easily customize. Front Building all on One Level and ADA Compliant Rear Building: 5,656 SF on Two Levels Currently Leased to 6 Tenants on flexible leases providing approx. $77k in rent. Potential to Increase Income from Rear Building (a couple suites are vacant) 67 Parking Spaces On-Site Rear Grassy Area for Outdoor Events/ Playground/ Lunch Area Large Visible Pylon Sign w/ Multiple Panels Located on a Highly Visible stretch of Route 130 minutes from the NJTP Exit 9 Real Estate Taxes: $58,922 per year. Asking Price For Sale: $2,999,000 Asking Price For Lease: $21 PSF NNN (estimated at $7 PSF) Please call Listing Broker for more information or to schedule a showing.
Location
State NJ
County Middlesex
Zoning R2
Interior
Heating Forced Air, Heat Pump
Cooling Central Air
Flooring Carpet, Laminate
Heat Source Natural Gas
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Asphalt
Total Parking Spaces 67
Building
Lot Description Business Park, Highway Commercial, Highway Location
Story 2
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 140014300000009502
Energy Description Natural Gas
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