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±13,000 SF Medical Office 525-537 Route 57 13,000 SF 100% Leased Office Building Washington, NJ 07882 $1,400,000 ($107.69/SF)
EXECUTIVE SUMMARY
This property features a ±13,000 square foot medical office building, currently divided into four medical or office units. The building offers a ceiling height of 12 feet from slab to slab, providing a spacious interior environment. It is situated on a ±3.24-acre lot, specifically identified as Block 46, Lot 12. The property does not include any loading areas and offers a parking ratio of 2.86 spaces per 1,000 square feet. As of 2023, the annual property taxes amount to $41,437.25. The building is currently undergoing both interior and exterior renovations to enhance its overall condition and functionality.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
13,000 SF
Building Class
B
Year Built
1986
Price
$1,400,000
Price Per SF
$107.69
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
13,000 SF
Slab To Slab
12’
Building FAR
0.09
Lot Size
3.23 AC
Zoning
C - General commercial
Parking
40 Spaces (3.08 Spaces per 1,000 SF Leased)
AMENITIES
- Smoke Detector
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PROPERTY TAXES
| Parcel Number | 22-00046-0000-00012 | Improvements Assessment | $800,000 |
| Land Assessment | $227,200 | Total Assessment | $1,027,200 |
PROPERTY TAXES
Parcel Number
22-00046-0000-00012
Land Assessment
$227,200
Improvements Assessment
$800,000
Total Assessment
$1,027,200
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±13,000 SF Medical Office | 525-537 Route 57
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