46 E Somerset St - Medical FOR SALE


Raritan, NJ 08869
$975,000 USD
732-492-8419
46 E Somerset St, Raritan, NJ for Sale
$975,000 USD
Medical - FOR SALE
1/25
null | 6.01% Cap Rate

46 E Somerset St
Raritan, NJ 08869


HIGHLIGHTS

  • Within walking distance of the train station.
  • In close proximity to all major highways.
  • Property is an office/medical building located in the downtown Raritan Borough business district.
  • Configuration includes multiple exam rooms, storage areas, basement, attic, and parking for nine vehicles.
  • Features wheelchair accessibility and offers flexibility for future renovations while collecting rent.

OVERVIEW

This charming building located in busy downtown Raritan boasts 5 exam rooms, a nicely maintained parking lot, storage galore, a basement and attic. The current tenant “Raritan Foot and Ankle” moved out and the lease ends in 2031. This is the perfect time to renovate while collecting your rent! Near highways 295, 202/206 and the local New Jersey Transit Train Station and other points of interest. A wonderful opportunity here!! Reach me for more upcoming details!! Accessible by Supra lockbox or master lock box, call or text listing agent Robert Skinner - 732-492-8419 to schedule showings.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$375 USD /SF

CAP RATE

6.01%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

R-3

APN/PARCEL ID

16-00110-0000-00003

ASK ABOUT THIS PROPERTY

Robert SkinnerCentury 21 Action Plus RealtyMore Info
732-492-8419

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

Robert SkinnerCentury 21 Action Plus RealtyMore Info
732-492-8419

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