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29 Thanet Cir
Princeton, NJ 08540
29 Thanet Circle, Princeton · Office Property For Sale
INVESTMENT HIGHLIGHTS
- There are medical offices available for use by the purchaser.
- There are a range of commercial uses including flex space - assembly, laboratory, self storage.
- This building can be used for a research nature involving scientific investigation, research or engineering.
- This property is located in Princeton, NJ with access to Routes 206, 27 and Route 1
EXECUTIVE SUMMARY
This prestigious 2-story Class A office building, boasts an impressive 48,720 square feet of space set amidst 9.26 acres of prime real estate. Originally constructed in 1974 and thoughtfully renovated in 2006, this property combines timeless design with modern functionality. With an abundance of 179 surface parking spaces, convenience is assured for all occupants and visitors. Its zoning permits a diverse array of uses, from General and Medical to Laboratory and Corporate Lodging, making it an ideal choice for businesses across various industries, particularly those involved in scientific investigation, research, or engineering. Furthermore, this facility is equipped to support laboratory activities, facilitating innovative research ventures. The property's total tax contribution amounts to $111,584.25, underscoring its substantial value in the marketplace.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Building Size
48,720 SF
Building Class
A
Year Built/Renovated
1974/2006
Price
$6,750,000
Price Per SF
$138.55
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
24,360 SF
Building FAR
0.12
Lot Size
9.26 AC
Zoning
OR-2, Princeton Twp - Commercial
Office medical laboratory
Parking
179 Spaces (3.67 Spaces per 1,000 SF Leased)
AMENITIES
- High Ceilings
- Monument Signage
PROPERTY TAXES
| Parcel Number | 14-05502-0000-00005 | Improvements Assessment | $1,739,300 |
| Land Assessment | $1,808,000 | Total Assessment | $3,547,300 |
PROPERTY TAXES
Parcel Number
14-05502-0000-00005
Land Assessment
$1,808,000
Improvements Assessment
$1,739,300
Total Assessment
$3,547,300
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