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1553 State Route 27 3,500 SF Office/Medical Condo Unit Offered at $1,108,012 CAD in Somerset, NJ 08873
Investment Highlights
- Large reception with spacious waiting area. 6 exam rooms with plumbing.
- Kitchen and utility closets 4 private ADA-compliant restrooms, ample parking, and Fire sprinkler system.
- Ample Parking and Fire sprinkler system.
- 3 consultation rooms, private physician office, and laboratory.
- Strong medical/professional tenant mix.
- Brand new water heater and two-zone HVAC (less than 1 year old)
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User |
| Sale Type | Owner User |
Description
±3,500 SF ground floor medical/professional office condo for sale. Largest ground-floor suite in the complex.
CAM ±480/month (water, snow removal, common cleaning)
CAM ±480/month (water, snow removal, common cleaning)
Sale Notes
Strategically located near Routes 1, 287, and 440 and in close proximity to Robert Wood Johnson University Hospital and Saint Peter's University Hospital. Dense surrounding residential population with strong healthcare demand. Established medical corridor with long-term tenant stability.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 2105 | 3,500 SF | Office/Medical | $1,108,012 CAD ($316.57 CAD/SF) | - |
Unit 2105
| Unit Size |
| 3,500 SF |
| Condo Use |
| Office/Medical |
| Price |
| $1,108,012 CAD ($316.57 CAD/SF) |
| NOI |
| - |
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Unit 2105
| Unit Size | 3,500 SF |
| Condo Use | Office/Medical |
| Price | $1,108,012 CAD ($316.57 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Description | |
| ±3,500 SF ground floor medical/professional office condo for sale. Largest ground-floor suite in the complex.<br> <br> CAM ±480/month (water, snow removal, common cleaning)</li></ul> | |
| Sale Notes | |
| Strategically located near Routes 1, 287, and 440 and in close proximity to Robert Wood Johnson University Hospital and Saint Peter's University Hospital. Dense surrounding residential population with strong healthcare demand. Established medical corridor with long-term tenant stability.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 32,500 SF | Typical Floor Size | 13,532 SF |
| Property Type | Office (Condo) | 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 (Condo) |
| 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
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
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1553 State Route 27
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