$2,600,000
$2,900,000
10.3%For more information regarding the value of a property, please contact us for a free consultation.
3121 ROUTE 22 Branchburg Twp, NJ 08876
24,000 SqFt
Key Details
Sold Price $2,600,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 24,000 sqft
Price per Sqft $108
MLS Listing ID 210014033
Sold Date 06/23/22
Annual Tax Amount $66,112
Lot Dimensions 1.76 Acres
Property Sub-Type Office
Property Description
"Go West" for more opportunities like acquiring this unique stand alone office building in scenic Branchburg. $2.9 million gets you 24,000 sq ft of Class B office space with direct exposure on Highway 22, and central to many towns including its ideal location between Easton, PA and NYC. This available and well maintained elevator Building boasts a projected 9.1% cap rate and its modern-aesthetic appearance on 1.76 acres with plenty of parking including an underground garage holding 38 spots. 2nd and 3rd floors hold 12,000 sq each with the second floor completely vacant and ready for immediate occupancy with possible subdivision. All larger office spaces contain their own eat in kitchen/break room and bathrooms. Building is handicap accessible and IT equipped to power up just about any office system. Perfect for a would be investor or owner/occupant to cleverly leverage their overall operating expenses. Behind each building is an opportunity to match its right suitor. Inquire within.
Location
State NJ
County Somerset
Area Branchburg Twp
Exterior
Garage Spaces 86.0
Building
Story 3
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