908-803-1876
1898 Highway 33, Hamilton, NJ for Sale
Office - FOR SALE
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1898 Highway 33
Hamilton, NJ 08690


HIGHLIGHTS

  • Property tours are available by appointment only. Please contact the listing broker to schedule.
  • Decorative professional office building with private offices and kitchen on a 2.78-acre lot.
  • Located in Hamilton Square CDP, an affluent area with over $1.8 billion in consumer spending annually.
  • Value-add lease-up of existing office building and/or redevelopment opportunity on three pad sites.
  • Two curb cuts on main retail corridor among national retailers such as 7-Eleven, CVS, Walgreens, Starbucks, Panera, AutoZone, and more.
  • Prime location for retail with 270 feet of frontage along highly trafficked Route 33 seeing 16,486 cars per day.

OVERVIEW

1898 Route 33 is a unique opportunity to purchase an owner-occupied sale-leaseback office that includes valuable development rights for retail in an affluent area. The location consists of three pad sites spanning ~2.75 acres along heavily trafficked Route 33. The existing 6,825-square-foot professional office building is currently owner-occupied, presenting a sale-leaseback opportunity, and it is on one of the pad sites fronting Route 33. The exterior of the building has decorative stone overlays, large front windows, pylon signage, two different entrances, and an elegantly covered front patio. The building is pristine, with multiple private offices and a staff kitchen. The existing property is owner-occupied, and the seller will remain in the property post-sale through the end of the year. The property also has two other pad sites ready for redevelopment with suggestions for a 2,700-square-foot retail property with a drive-thru and a 1,900-square-foot retail property with a drive-thru. The existing office building can also be converted or redeveloped for retail use. The location has 270 feet of frontage along Route 33 in the Hamilton Square census-designated place. Also on this road are major national retailers such as 7-Eleven, CVS, Walgreens, Starbucks, Panera, AutoZone, and more. The property boasts broad Highway Commercial Zoning (HC II) for all three pads, allowing for a wide range of retail and commercial uses. Route 33 is the most heavily trafficked street within a 1-mile radius seeing 16,486 cars per day. Within a 2-mile radius, the location has access to major travel routes such as I-195, which sees 77,103 cars per day, and Route 130, which sees 25,655 cars per day. At three miles out, I-295 is accessible with 74,803 cars per day, and at 4 miles out, NJ Turnpike (I-95) sees 150,484 cars per day, and Route 206 sees 21,934 cars per day.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

4,000 SF Office Building on 2.75 Acres

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

2.78 AC

LAND SF

121,097 SF

ZONING

Highway Commercial

APN/PARCEL ID

03-01952-0000-00037

ASK ABOUT THIS PROPERTY

John LongoThe Blau & Berg CompanyMore Info
908-803-1876

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John LongoThe Blau & Berg CompanyMore Info
908-803-1876

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.