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Executive Summary

GREAT Spot w Lots of Potential! THREE UNITS..First Floor Upper: Reception/Desk and 4 Exam Rooms. Bath First Floor Rear: Reception/Desk, 6 Exam Rooms, 2 Baths and Full Shower Room for Handicapped. Rear Side: Reception Room/Desk, 7 Exam Rooms and bath, Kitchen. Lots of Parking, All Redone Interior, and LARGE OPEN Lot next door...

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Taxes $36,993 $6.91
Operating Expenses - -
Total Expenses $36,993 $6.91

Financial Summary (Actual - 2024)

Taxes (CAD)
Annual $36,993
Annual Per SF $6.91
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $36,993
Annual Per SF $6.91

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,352 SF
Building Class
C
Year Built
1965
Price
$2,592,056 CAD
Price Per SF
$484.32 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,352 SF
Slab To Slab
12’
Building FAR
0.22
Lot Size
0.56 AC
Zoning
O-2 - Medium-Density Office Building District
Parking
25 Spaces (4.67 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Commuter Rail
  • Signage
  • Basement
  • Central Heating

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Bioregenesis Center
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Cranford Peds & Family Ca
  • Services
  • -
  • -
  • -
  • Cransord Bariatric Medicine
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Health Care and Social Assistance
  • -
  • -
  • -

Ils offrent une vaste gamme de services psychothérapeutiques et pédiatriques ambulatoires pour les enfants, les familles et les adultes. Tout le monde fait face à des luttes internes. Qu'il s'agisse d'anxiété, de dépression, de colère, de problèmes liés au genre ou à la sexualité, de la toxicomanie ou d'une foule d'autres préoccupations, ils sont là pour offrir notre compassion et notre expertise. Que ce soit sur le plan médical ou émotionnel, le Groupe de traitement des affaires internes est là pour vous soutenir, vous et votre famille, dans les moments difficiles.

Tenant Industry SF Occupied Rent/SF Lease End
Bioregenesis Center Health Care and Social Assistance - - -
Cranford Peds & Family Ca Services - - -
Cransord Bariatric Medicine Health Care and Social Assistance - - -
Health Care and Social Assistance - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • Lower Level-Ste 1
  • 1,200 SF
  • Medical
  • -
  • Now

Directions: GSP exit 137 to North Ave East Remarks: EXCEPTIONAL PROFESSIONAL / DOCTORS OFFICE BUILDING NESTLED ON OVER HALF ACRE LOT IN DOWNTOWN CRANFORD BUSINESS DISTRICT WITH MANY ARCHITECTURAL DETAILS AND UPDATES . Prime Office space for lease with multiple Conference rooms, waiting area, X Rays, reception, separate utilities, onsite parking for over 22 cars newly pavered. Prior Use of 1st FL were pediatric, Internal medicine, OBGYN and dental office which Consists of 8 Offices, 1 Lavatories, 1 Reception Area and Waiting Room. Agent Remarks: Listing Agent must accompany all showings

Space Size Space Use Build-Out Available
Lower Level-Ste 1 1,200 SF Medical - Now

Lower Level-Ste 1

Size
1,200 SF
Space Use
Medical
Build-Out
-
Available
Now

Lower Level-Ste 1

Size 1,200 SF
Space Use Medical
Build-Out -
Available Now

Directions: GSP exit 137 to North Ave East Remarks: EXCEPTIONAL PROFESSIONAL / DOCTORS OFFICE BUILDING NESTLED ON OVER HALF ACRE LOT IN DOWNTOWN CRANFORD BUSINESS DISTRICT WITH MANY ARCHITECTURAL DETAILS AND UPDATES . Prime Office space for lease with multiple Conference rooms, waiting area, X Rays, reception, separate utilities, onsite parking for over 22 cars newly pavered. Prior Use of 1st FL were pediatric, Internal medicine, OBGYN and dental office which Consists of 8 Offices, 1 Lavatories, 1 Reception Area and Waiting Room. Agent Remarks: Listing Agent must accompany all showings

Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
03-00314-0000-00006
Land Assessment
$235,639 CAD (2025)
Improvements Assessment
$312,677 CAD (2025)
Total Assessment
$548,316 CAD (2025)
Annual Taxes
$36,993 CAD ($6.91 CAD/SF)
Tax Year
2024
  • Listing ID: 38830185

  • Date on Market: 2025-12-19

  • Last Updated:

  • Address: 198 North Ave E, Cranford, NJ 07016

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