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EXECUTIVE SUMMARY
OWN WHERE YOU WORK: This two-story office complex is free standing located on 202 South in the heart of Readington Twp. (Three Bridges section). It consists of two floors with separate entrances for each floor or with an internal connecting staircase (3 entrances), plus separately meters for each floor for the convenience of renting. The building was totally renovated with a new roof (30 years), parking lot was repaved and re-striped. The main floor consists of a conference room, oversized open area, main bath & kitchen with four windowed offices, 2 bathrooms and one large executive office with private bath. The lower level has 2 entrances with multiples offices, bathroom, kitchen area, storage, utility room with a working lab/shop area. The septic system and well have been tested and are in good working order. This opportunity for an investor to lease out this building or for an owner-occupied opportunity is excellent. The best visibility for your business is in this section of the Highway with 2-way access in either direction.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,888 SF
Building Class
B
Year Built/Renovated
1983/2012
Price
$895,000
Price Per SF
$152.00
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,888 SF
Building FAR
0.06
Lot Size
2.33 AC
Zoning
Commercial - Commercial
Parking
30 Spaces (5.1 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
- Kitchen
- Central Heating
- Recessed Lighting
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 22-00080-0000-00005 | Improvements Assessment | $426,700 |
| Land Assessment | $183,300 | Total Assessment | $610,000 |
PROPERTY TAXES
Parcel Number
22-00080-0000-00005
Land Assessment
$183,300
Improvements Assessment
$426,700
Total Assessment
$610,000
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699 Route 202
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