947 Route 206 - Medical FOR SALE


Princeton, NJ 08540
$2,000,000 USD
908-770-0686
947 Route 206, Princeton, NJ for Sale
$2,000,000 USD
Medical - FOR SALE
1/6
null | 8.48% Cap Rate

NEW


947 Route 206
Princeton, NJ 08540


HIGHLIGHTS

  • Freestanding Commercial Building on Route 206 in Highly Desired Princeton Area
  • Abundance of Parking with 54 Parking Spaces Onsite
  • Ideal for User Investor

OVERVIEW

BRAND NEW TO THE MARKET! 947 State Road, Princeton +/- 10,301 SF Two-Story Freestanding Retail / Professional Office Building for Sale. Ideal for User / Investor. Asking Price: $2,000,000.00 ($194 PSF) Proforma NOI: $163,444.59 Proforma CAP: 8.17% Currently 33% Occupied - Up to 6,901 SF available for User. Please inquire further for financials. - Roof is approximately 6 years old. - 7 HVAC Units. - 54 Total Parking Spaces Onsite. - HC - Highway Commercial Zoning. The property is located on heavily traveled Route 206 in Princeton. Please inquire further for financials, rent roll proforma, and operating expenses. Matt Miller Cell: 908-770-0686 Email: matt@legacyrealtynj.com Logan Gurtman Cell: 908-692-9890 Email: logan@legacyrealtynj.com

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$194 USD /SF

CAP RATE

8.48%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

947 State Route 206

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

HC

APN/PARCEL ID

13-35002-0000-00008

ASK ABOUT THIS PROPERTY

Matt MillerLegacy Commercial Realty, LLCMore Info
908-770-0686

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Matt MillerLegacy Commercial Realty, LLCMore Info
908-770-0686

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