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200-204 N Harrison St 4,500 SF 100% Leased Office Building Princeton, NJ 08540 $2,387,420 CAD ($530.54 CAD/SF)
Investment Highlights
- Located in a well-established Princeton area near the downtown business and cultural core.
- Close to Princeton University, creating a strong professional and academic environment.
- Surrounded by professional offices, local shops, and dining options in a walkable setting.
- Offers convenient access to regional routes while maintaining a prestigious office location.
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
$2,387,420 CAD
Price Per SF
$530.54 CAD
Percent Leased
100%
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
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 14-07305-0000-00031 | Total Assessment | $1,217,883 CAD (2025) |
| Land Assessment | $659,167 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $558,716 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
14-07305-0000-00031
Land Assessment
$659,167 CAD (2025)
Improvements Assessment
$558,716 CAD (2025)
Total Assessment
$1,217,883 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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200-204 N Harrison St
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