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1553 State Route 27 1,500 - 6,000 SF Condo Units Offered at $225,000 - $749,000 Per Unit in Somerset, NJ 08873
Investment Highlights
- Minutes from major hospitals and Rutgers University
- Excellent highway connectivity
Executive Summary
1553 Route 27 is a Medical/ Professional Office Building which is located on a prime stretch of the medical corridor of Route 27. The property has an association of individual owners and is comprised of office and medical condos. This gives doctors and professionals the opportunity to stop paying rent, own their own property, and build equity. The property is in a great location minutes from downtown New Brunswick and with easy access to Robert Wood Johnson University Hospital, St. Peters Hospital, and Rutgers University. It is easily accessible via Route 1 and is minutes from the NJTP Exit 9, Routes 287/440 and the GSP. 1553 Route 27 is an ideal location for your practice or business.
Property Facts
| Total Building Size | 32,500 SF | Typical Floor Size | 13,532 SF |
| Property Type | Office | Year Built | 1986 |
| Property Subtype | Medical | Lot Size | 5.00 AC |
| Building Class | B | Parking Ratio | 5/1,000 SF |
| Floors | 3 | ||
| Zoning | OC - Professional/Medical Office space | ||
| Total Building Size | 32,500 SF |
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 13,532 SF |
| Year Built | 1986 |
| Lot Size | 5.00 AC |
| Parking Ratio | 5/1,000 SF |
| Zoning | OC - Professional/Medical Office space |
Amenities
- Air Conditioning
- Smoke Detector
6 Units Available
Unit 1100
| Unit Size | 6,000 SF | Condo Use | Office/Medical |
| Price | $499,000 | Sale Type | Investment or Owner User |
| Price Per SF | $83.17 |
| Unit Size | 6,000 SF |
| Price | $499,000 |
| Price Per SF | $83.17 |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
Description
FOR SALE: 1553 Route 27- $499,000
Great opportunity to purchase a 6,000 +/- SF Office Condo on Route 27 in Franklin Township. Situated in one of the areas most desirable medical and professional highways, the property presents a fantastic opportunity to purchase a large and customizable office at a very competitive price. With numerous large rooms, the property easy lends itself to a variety of ideal uses such as: Medical Uses like Physical Therapy, Occupational Therapy; Professional Uses such as IT Staffing or Consulting, Tutoring or Kids Programs, Attorneys, Architects, Call Centers, Medical Billing Office, Dance Studio, Day Programs, or any user needing large meeting rooms or areas for multiple cubicles or workstations. The property is ideal for any user needing a large amount of space to safety and comfortable house many employees and is great for companies bringing employees back to the office who were working remotely.
Property Features:
- 6,000 +/- SF
- ADA Compliant with HandiCapped Elevator and Restrooms.
- All Located on One Level (Please note property is on the Lower Level with No Windows)
- 2 Private Interior Entrance. Occupy part of the property and rent part for Income
- Suite is easily divisible for multiple users.
- Metering for 2 Users
Nice Waiting/ Reception Area w/ Multiple Private Offices & Kitchenette
Asking Price: $499,000
Taxes: $13,034 per year ($2.17 per square foot)
Association Fees: $9,984 per year ($1.66 per square foot)
Please call for more information or to schedule a showing.
Unit 2100
| Unit Size | 3,800 SF | Condo Use | Office/Medical |
| Price | $749,000 | Sale Type | Investment or Owner User |
| Price Per SF | $197.11 |
| Unit Size | 3,800 SF |
| Price | $749,000 |
| Price Per SF | $197.11 |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
Description
Prime Office in the Building. First Floor Access with private front Entrance. Currently an Urgent Care. Perfect setup for any medical practice. Large Waiting Room and Reception, Multiple Private Exam Rooms, Large Consultation Room, Lab Area, Lunch Room, etc.
Ideal for any Large Medical Practice, Urgent Care, Pediatrician, Family Practice, Urology, Dermatology, etc.
Sale Notes
The building is strategically positioned just minutes from downtown New Brunswick, Rutgers University, and major hospitals including Robert Wood Johnson University Hospital and St. Peter’s University Hospital. It offers easy access to Route 1, NJ Turnpike (Exit 9), I-287, Route 440, and the Garden State Parkway.
Unit 3100
| Unit Size | 2,800 SF | Condo Use | Office/Medical |
| Price | $520,000 | Sale Type | Investment or Owner User |
| Price Per SF | $185.71 |
| Unit Size | 2,800 SF |
| Price | $520,000 |
| Price Per SF | $185.71 |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
Description
Second Floor Office Suite. Formerly a Spine and Wellness Office. Large waiting room and Large open staff/ billing area. 6 Private offices. Separate staff and patient bathrooms and staff kitchenette. Desirable layout for Spine, Wellness, Physical Therapy, etc. Contiguous 1,500 SF can also be purchased.
Sale Notes
The building is strategically positioned just minutes from downtown New Brunswick, Rutgers University, and major hospitals including Robert Wood Johnson University Hospital and St. Peter’s University Hospital. It offers easy access to Route 1, NJ Turnpike (Exit 9), I-287, Route 440, and the Garden State Parkway.
Unit 3300
| Unit Size | 1,500 SF | Condo Use | Medical |
| Price | $300,000 | Sale Type | Investment or Owner User |
| Price Per SF | $200.00 |
| Unit Size | 1,500 SF |
| Price | $300,000 |
| Price Per SF | $200.00 |
| Condo Use | Medical |
| Sale Type | Investment or Owner User |
Description
TurnKey Medical Office in Nice Condition. Move-In Ready. Spacious waiting room and reception, multiple exam rooms, private restroom, etc.
Idea for Any Medical Practice.
Sale Notes
The building is strategically positioned just minutes from downtown New Brunswick, Rutgers University, and major hospitals including Robert Wood Johnson University Hospital and St. Peter’s University Hospital. It offers easy access to Route 1, NJ Turnpike (Exit 9), I-287, Route 440, and the Garden State Parkway.
Unit 3400
| Unit Size | 1,500 SF | Condo Use | Medical |
| Price | $225,000 | Sale Type | Owner User |
| Price Per SF | $150.00 |
| Unit Size | 1,500 SF |
| Price | $225,000 |
| Price Per SF | $150.00 |
| Condo Use | Medical |
| Sale Type | Owner User |
Description
Fully Plumbed Dental Office.
Located on the Third Floor. Has a waiting area and reception, separate patient and staff bathroom, 3 Exam Rooms, Consultation Room, Lab, and Storage Rooms.
No existing equipment but plumbed and ready to go. Ideal for any Dental Practice or Dental Specialty Group.
Sale Notes
The building is strategically positioned just minutes from downtown New Brunswick, Rutgers University, and major hospitals including Robert Wood Johnson University Hospital and St. Peter’s University Hospital. It offers easy access to Route 1, NJ Turnpike (Exit 9), I-287, Route 440, and the Garden State Parkway.
Unit 3800
| Unit Size | 1,500 SF | Condo Use | Office/Medical |
| Price | $330,000 | Sale Type | Investment or Owner User |
| Price Per SF | $220.00 |
| Unit Size | 1,500 SF |
| Price | $330,000 |
| Price Per SF | $220.00 |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
Description
Nicely Finished Turn-Key Dental Office. Spacious waiting room and reception area, multiple private exam rooms.
Fully Plumbed for any Dental Practice or Dental Specialist.
Sale Notes
The building is strategically positioned just minutes from downtown New Brunswick, Rutgers University, and major hospitals including Robert Wood Johnson University Hospital and St. Peter’s University Hospital. It offers easy access to Route 1, NJ Turnpike (Exit 9), I-287, Route 440, and the Garden State Parkway.
Presented by
1553 State Route 27
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