North Brunswick, NJ 08902,1445-1447 Us Highway 130 HWY
North Brunswick, NJ 08902,1445-1447 Us Highway 130 HWY
North Brunswick, NJ 08902,1445-1447 Us Highway 130 HWY
$2,600,000
Est. payment /mo
$2,999,000
13.3%
Est.Price: ?

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11,396 SqFt
SOLD DATE : 09/05/2024

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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Central Jersey MLS (CJMLS)
Listed by DAVIS REALTORS

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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