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Investment Highlights

  • Purpose-built institutional facility featuring 72 patient rooms with approvals in place for 102 beds and potential expansion to 144.
  • Fully sprinklered and ADA compliant building equipped with two elevators and a commercial-grade kitchen with an 8’ x 10’ walk-in refrigerator.
  • Minutes from downtown Princeton and Princeton University, with convenient access to both New York City and Philadelphia.
  • Flexible interior design with no load-bearing walls, allowing for easy reconfiguration to accommodate a range of medical or rehabilitation uses.
  • Located on a 6.27-acre secluded campus in Princeton’s northern section, offering privacy while maintaining proximity to major commuter routes.
  • Approved D(3) variance and site plan waiver permitting use as a substance abuse rehabilitation facility within the OR-1 T zoning district.

Executive Summary

Wolf Commercial Real Estate (“WCRE”) is pleased to present the exclusive opportunity to market 728 Bunn Drive in Princeton, New Jersey (the “Property”), a purpose-built institutional facility located on a secluded 6.27-acre campus setting in northern Princeton. The Property consists of a ±67,000-square-foot, three-story building designed specifically for healthcare and treatment operations.
The Property is situated within the OR-1 T zoning district and benefits from a D(3) use variance granted by the Princeton Zoning Board of Adjustment, together with a site plan waiver permitting its use as a substance abuse rehabilitation facility. Constructed in 2000, the facility currently contains 72 patient rooms, with approvals in place for 102 beds and the potential to expand capacity to up to 144 beds, subject to applicable requirements.
Purpose-built for institutional and healthcare use, the building offers significant infrastructure advantages. Plumbing is run to each individual room, and the interior layout features no load-bearing walls, allowing for efficient reconfiguration to accommodate a wide range of medical, rehabilitation, or wellness-related uses. The facility is fully sprinklered, ADA compliant, and includes two passenger elevators. Additional features include a commercial-grade kitchen equipped with an 8' x 10' walk-in refrigerator, supporting on-site dining and operational efficiency.
The Property is positioned along Bunn Drive in the northern section of Princeton, offering convenient access to the region’s primary commuter routes and major commercial corridors. It is located just minutes from downtown Princeton and Princeton University, an area known for its vibrant mix of institutional, medical, academic, and commercial amenities. Princeton’s central New Jersey location provides efficient access to both New York City and Philadelphia, further enhancing the Property’s long-term appeal within a highly desirable institutional and healthcare market.

Property Facts

Price $20,694,960 CAD
Price Per Bed $202,892 CAD
Sale Type Investment or Owner User
Property Type Health Care
Property Subtype
Rehabilitation Center
  • Healthcare Skilled Nursing Facility
Building Class C
Lot Size 6.27 AC
Building Size 67,000 SF
No. Beds 102
No. Stories 3
Year Built 2000
Zoning OR-1 T

Amenities

  • Wheelchair Accessible
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
14-02801-0000-00011
Land Assessment
$2,099,011 CAD
Improvements Assessment
$9,912,989 CAD
Total Assessment
$12,012,000 CAD
  • Listing ID: 39840546

  • Date on Market: 2026-03-19

  • Last Updated:

  • Address: 728 Bunn Dr, Princeton, NJ 08540

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