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200-204 N Harrison St 4,500 SF 33% Leased Office Building Princeton, NJ 08540 $2,442,860 CAD ($542.86 CAD/SF)
EXECUTIVE SUMMARY
Rare investment opportunity in the heart of Princeton! This mixed-use property offers existing income with even greater upside potential. With a leased 2 bedroom apartment, dental office and vacant office space, investors have multiple options to maximize returns. The office space can be leased as-is—perfect for medical or professional use—or, with city zoning approval, converted into two additional residential apartments to boost rental income. The property also includes a large unfinished basement with interior and exterior access, ideal for storage rental, workspace, or other creative uses to generate supplemental income. With its prime location, flexible layout, and multiple revenue streams, this property is a true value-add opportunity for both investors and owner-occupants. Don’t miss the chance to capitalize on Princeton’s strong rental market and the versatility this building provides.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,500 SF
Building Class
B
Year Built
1980
Price
$2,442,860 CAD
Price Per SF
$542.86 CAD
Percent Leased
33%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,250 SF
Building FAR
0.37
Lot Size
0.28 AC
Zoning
POR - Professional Office Residential District
Parking
12 Spaces (2.67 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
1 1
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (85)
PROPERTY TAXES
| Parcel Number | 14-07305-0000-00031 | Total Assessment | $1,248,046 CAD (2025) |
| Land Assessment | $675,492 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $572,554 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
14-07305-0000-00031
Land Assessment
$675,492 CAD (2025)
Improvements Assessment
$572,554 CAD (2025)
Total Assessment
$1,248,046 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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Presented by
Harkes Realty & Associates
200-204 N Harrison St
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