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351-357 Bloomfield Ave - Physical Therapy & Wellness BUSINESS SALE 1,100 SF Office/Medical Condo Unit Offered at $250,000 in Caldwell, NJ 07006
PROPERTY FACTS
| Total Building Size | 10,266 SF | Typical Floor Size | 10,266 SF |
| Property Type | Retail (Condo) | Year Built | 1940 |
| Property Subtype | Storefront | Lot Size | 0.49 AC |
| Building Class | C | Parking Ratio | 1.95/1,000 SF |
| Floors | 1 | ||
| Zoning | B | ||
| Total Building Size | 10,266 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 10,266 SF |
| Year Built | 1940 |
| Lot Size | 0.49 AC |
| Parking Ratio | 1.95/1,000 SF |
| Zoning | B |
AMENITIES
- Bus Line
- Signage
- Tenant Controlled HVAC
- Air Conditioning
1 UNIT AVAILABLE
Unit 355
| Unit Size | 1,100 SF | Condo Use | Office/Medical |
| Price | $250,000 | Sale Type | Investment or Owner User |
| Price Per SF | $227.27 |
| Unit Size | 1,100 SF |
| Price | $250,000 |
| Price Per SF | $227.27 |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
DESCRIPTION
**** The building/suite is NOT for Sale. This is a business sale and lease assignment.******
SALE NOTES
Berkshire Hathaway Commercial proudly presents Greco Physical Therapy And Wellness, a fully renovated medical business for SALE in Caldwell, NJ. This established healthcare business offers comprehensive services including physical therapy, acupuncture, therapeutic and medical massage, rehabilitation exercise programs, sports and work injury rehabilitation, graston therapy, cupping, pre/post surgical rehabilitation, red-light therapy, IV drip, posture reevaluation, and wellness programs.
BUSINESS HIGHLIGHTS:
- Fully renovated practice with high growth potential
- Comprehensive service offerings across multiple wellness disciplines
- Absentee owner operation demonstrating strong management systems
- Established patient base and revenue history
- Prime Essex County location
- VERY low rent
- Long Term Lease (9-years with 5-year option)
FINANCIAL OVERVIEW:
- Asking Price: $250,000
- Annual Cash Flow : Upon Request (ONLY Open 3-days a week)
Revenue multiple reflects growth stage opportunity
GROWTH OPPORTUNITIES:
Significant expansion potential through extended operating hours (6-7 days weekly), additional physical therapists and PTAs, enhanced wellness service offerings, and in-home service delivery. The current absentee ownership model provides incoming buyers flexibility to implement growth strategies immediately.
OWNER SUPPORT:
Office manager available for retention with comprehensive support and training during transition period, ensuring operational continuity.
This turnkey medical practice represents an excellent opportunity for healthcare professionals or investors seeking entry into the growing physical therapy and wellness sector. The diverse service portfolio and renovation-ready facility position the business for immediate expansion in New Jersey's robust healthcare market.
Seller motivated due to other business opportunities. Qualified buyers will receive detailed financial documentation and operational insights during due diligence process.
**** The building/suite is NOT for Sale. This is a business sale and lease assignment.
Walk Score®
Walker's Paradise (91)
MAJOR TENANT INFORMATION
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Gyro World |
-
|
November 2030
|
| Wish Mentors LLC |
-
|
December 2024
|
NEARBY MAJOR RETAILERS
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351-357 Bloomfield Ave - Physical Therapy & Wellness BUSINESS SALE
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