1225 State Route 31 - Medical CONDO FOR SALE
Lebanon, NJ 08833 |
$620,000 USD
908-635-1027
1225 State Route 31
Lebanon, NJ 08833
HIGHLIGHTS
- First-floor office/medical condo offering approximately 4,000 square feet of flexible space.
- Positioned on a high-visibility corner along State Route 31 with strong daily traffic exposure.
- Shared within an 8,000 SF Class B building designed for professional and medical practices.
- On-site parking ratio of 5.3 spaces per 1,000 SF supports staff and client convenience.
- C-1 commercial zoning allows for a broad range of professional, service-oriented, and retail uses.
- Proximate to Interstate 78, regional business hubs, and growing residential neighborhoods.
OVERVIEW
1225 State Route 31 is part of a multi-unit office condominium property located in a commercial business district within Lebanon, Hunterdon County. Built in 2007 on a 6-acre site, the property offers first-floor office units configured for medical or professional use. The site provides surface parking at a favorable ratio and maintains visibility along Route 31, a primary roadway offering connectivity to regional highways.
FOR SALE DETAILS
PRICE
$620,000 USD
PRICE/SF
$155 USD /SF
CAP RATE
Request Cap Rate
# OF UNITS
1
CONDO SIZE
-
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY NAME
Bldg B
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Storefront Retail/Office, Loft/Creative Space, Office/Residential
TOTAL BUILDING SIZE
8,000 SF
STORIES
2
BUILDING CLASS
B
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
42
LAND DETAILS
LAND ACRES
6 AC
LAND SF
261,360 SF
ZONING
C-1
APN/PARCEL ID
06-00089-0000-00005-2101-C2101
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908-635-1027
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908-635-1027
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