699 Route 202 - Medical FOR SALE


Flemington, NJ 08822
$895,000 USD
908-581-0300
699 Route 202, Flemington, NJ for Sale
$895,000 USD
Medical - FOR SALE
1/12
null | Request Cap Rate

699 Route 202
Flemington, NJ 08822


HIGHLIGHTS

  • Freestanding two-story office building located along Route 202 South with excellent frontage and high visibility.
  • Fully renovated with recent capital improvements, including a new 30-year roof and repaved, re-striped parking lot.
  • Flexible layout offering multi-tenant potential, featuring separate entrances, internal connecting staircase, and individually metered floors.
  • Main level includes a large conference room, multiple private offices, kitchen area, and executive office with a private bath.
  • Lower level features multiple offices, a kitchenette, storage rooms, and dedicated workshop/lab space.
  • Situated on a 2.33-acre lot with 30 surface parking spaces and convenient two-way highway access for optimal connectivity.

OVERVIEW

OWN WHERE YOU WORK: This two-story office complex is free standing located on 202 South in the heart of Readington Twp. (Three Bridges section). It consists of two floors with separate entrances for each floor or with an internal connecting staircase (3 entrances), plus separately meters for each floor for the convenience of renting. The building was totally renovated with a new roof (30 years), parking lot was repaved and re-striped. The main floor consists of a conference room, oversized open area, main bath & kitchen with four windowed offices, 2 bathrooms and one large executive office with private bath. The lower level has 2 entrances with multiples offices, bathroom, kitchen area, storage, utility room with a working lab/shop area. The septic system and well have been tested and are in good working order. This opportunity for an investor to lease out this building or for an owner-occupied opportunity is excellent. The best visibility for your business is in this section of the Highway with 2-way access in either direction.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$152 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

2.33 AC

LAND SF

101,495 SF

ZONING

HC

APN/PARCEL ID

22-00080-0000-00005

ASK ABOUT THIS PROPERTY

John CarriereBerkshire Hathaway HomeServices Fox&Roach RealtorsMore Info
908-581-0300

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John CarriereBerkshire Hathaway HomeServices Fox&Roach RealtorsMore Info
908-581-0300

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