728 Bunn Dr - Health Care FOR SALE


Princeton, NJ 08540- Princeton/Lawrenceville
$15,075,000 USD
215-588-8800
728 Bunn Dr, Princeton, NJ for Sale
$15,075,000 USD
Health Care - FOR SALE
1/11
null | Request Cap Rate


HIGHLIGHTS

  • Purpose-built institutional facility featuring 72 patient rooms with approvals in place for 102 beds and potential expansion to 144.
  • Flexible interior design with no load-bearing walls, allowing for easy reconfiguration to accommodate a range of medical or rehabilitation uses.
  • Fully sprinklered and ADA compliant building equipped with two elevators and a commercial-grade kitchen with an 8’ x 10’ walk-in refrigerator.
  • Located on a 6.27-acre secluded campus in Princeton’s northern section, offering privacy while maintaining proximity to major commuter routes.
  • Minutes from downtown Princeton and Princeton University, with convenient access to both New York City and Philadelphia.
  • Approved D(3) variance and site plan waiver permitting use as a substance abuse rehabilitation facility within the OR-1 T zoning district.

OVERVIEW

Wolf Commercial Real Estate (“WCRE”) is pleased to present the exclusive opportunity to market 728 Bunn Drive in Princeton, New Jersey (the “Property”), a purpose-built institutional facility located on a secluded 6.27-acre campus setting in northern Princeton. The Property consists of a ±67,000-square-foot, three-story building designed specifically for healthcare and treatment operations. The Property is situated within the OR-1 T zoning district and benefits from a D(3) use variance granted by the Princeton Zoning Board of Adjustment, together with a site plan waiver permitting its use as a substance abuse rehabilitation facility. Constructed in 2000, the facility currently contains 72 patient rooms, with approvals in place for 102 beds and the potential to expand capacity to up to 144 beds, subject to applicable requirements. Purpose-built for institutional and healthcare use, the building offers significant infrastructure advantages. Plumbing is run to each individual room, and the interior layout features no load-bearing walls, allowing for efficient reconfiguration to accommodate a wide range of medical, rehabilitation, or wellness-related uses. The facility is fully sprinklered, ADA compliant, and includes two passenger elevators. Additional features include a commercial-grade kitchen equipped with an 8' x 10' walk-in refrigerator, supporting on-site dining and operational efficiency. The Property is positioned along Bunn Drive in the northern section of Princeton, offering convenient access to the region’s primary commuter routes and major commercial corridors. It is located just minutes from downtown Princeton and Princeton University, an area known for its vibrant mix of institutional, medical, academic, and commercial amenities. Princeton’s central New Jersey location provides efficient access to both New York City and Philadelphia, further enhancing the Property’s long-term appeal within a highly desirable institutional and healthcare market.

FOR SALE DETAILS

PRICE

$15,075,000 USD

PRICE/SF

$225 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

ADD'L SUBTYPES

Skilled Nursing Facility

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.27 AC

LAND SF

273,121 SF

ZONING

OR-1 T

APN/PARCEL ID

14-02801-0000-00011

ASK ABOUT THIS PROPERTY

Jason WolfWolf Commercial Real Estate L.L.C.More Info
215-588-8800

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Jason WolfWolf Commercial Real Estate L.L.C.More Info
215-588-8800

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