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78 Veronica Ave 9,206 SF Office Building Somerset, NJ 08873 $2,838,260 CAD ($308.31 CAD/SF)
Investment Highlights
- Convenient location on Veronica Avenue with connectivity to Route 27 and regional roadways.
- Easement in place for existing radio transmission tower beyond parking area.
- Equipped with an on-site generator to ensure operational reliability.
Executive Summary
The property consists of a single-story office building totaling 9,206 square feet positioned on a two-acre site. It is located on Veronica Avenue in Somerset, New Jersey, within a B-1 Business and Industry Zone. The site includes parking for 45 vehicles and contains an easement for a radio transmission tower situated past the parking area. Adjoining uses include medical offices, professional spaces, and distribution facilities, supporting a mix of commercial activity in the immediate area. Access is available to nearby major thoroughfares including Route 27, and the property is integrated within a developed commercial setting.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
9,206 SF
Building Class
C
Year Built
1987
Price
$2,838,260 CAD
Price Per SF
$308.31 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,206 SF
Slab To Slab
14’
Building FAR
0.11
Lot Size
2.00 AC
Zoning
M2, Somerset
Parking
40 Spaces (4 Spaces per 1,000 SF Leased)
Amenities
- Property Manager on Site
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 08-00088-01-00045 | Improvements Assessment | $1,794,754 CAD |
| Land Assessment | $851,940 CAD | Total Assessment | $2,646,693 CAD |
Property Taxes
Parcel Number
08-00088-01-00045
Land Assessment
$851,940 CAD
Improvements Assessment
$1,794,754 CAD
Total Assessment
$2,646,693 CAD
Contacts
-
Suzanne Kiall -
Tarang Ramani -
Lee & Associates Commercial Real Estate Services
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78 Veronica Ave
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