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1553 State Route 27 1,500 - 3,800 SF Condo Units Offered at $285,000 - $880,000 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
7 UNITS AVAILABLE
Unit 1000
| Unit Size | 1,600 SF | Condo Use | Office |
| Price | $285,000 | Sale Type | Investment or Owner User |
| Price Per SF | $178.13 |
| Unit Size | 1,600 SF |
| Price | $285,000 |
| Price Per SF | $178.13 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
DESCRIPTION
Professional Office for Sale. Reception and Waiting Area, multiple large offices, private bathroom, and kitchenette.
Ideal for and Professional Office use such as: IT Staffing or Consulting, Accounting, Architecture, Attorneys, Medical Billing, Tutoring, etc.
Yea
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 2000
| Unit Size | 1,708 SF | Condo Use | Office/Medical |
| Price | $299,000 | Sale Type | Investment or Owner User |
| Price Per SF | $175.06 |
| Unit Size | 1,708 SF |
| Price | $299,000 |
| Price Per SF | $175.06 |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
DESCRIPTION
Fully Built-Out Dental Office For Sale:
First time to market, Suite 2000 is a nicely built-out first floor medical office located just off of the main entrance of 1553 Route 27. It is fully built-out as a dental office and is inclusive of all existing dental equipment, but can be converted for any medical use.
Ideal for: New Dental Practices, Second Dental Locations, Pediatric Dentists, Oral Surgery, Pediatricians, Family Practice, Dermatology, Wellness Center, Podiatry, or any medical or professional use. Nicely Finished and Move-In Ready.
Property Features:
- ?1,700 SF First Floor Office w/ Easy Access to Main Entrance
- Large Waiting Room and Reception for Staff
- 3 Existing Exam Rooms w/ Cabinetry, Sinks and Plumbing
- 2 Additional Plumbed Rooms for Added Exam Rooms (total potential of 5)
- Large Lab Area with Cabinetry Throughout
- Doctors Consultation Office w/ Private Bathroom
- Patient Bathroom
- Large Breakroom for Staff
- Unit is Include of All Equipment for Dentists
On Ground Floor and ADA Compliant
Price: NOW- $299,000
Real Estate Taxes: $4,698 per year
Association Fees: $2,520 per year
Please call for more information or to schedule to a showing.
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 2100
| Unit Size | 3,800 SF | Condo Use | Office/Medical |
| Price | $880,000 | Sale Type | Investment or Owner User |
| Price Per SF | $231.58 |
| Unit Size | 3,800 SF |
| Price | $880,000 |
| Price Per SF | $231.58 |
| 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 | $660,000 | Sale Type | Investment or Owner User |
| Price Per SF | $235.71 |
| Unit Size | 2,800 SF |
| Price | $660,000 |
| Price Per SF | $235.71 |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
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 | $300,000 | Sale Type | 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 | 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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