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515 Church St

Bound Brook Boro, NJ 08805
  • $1,100,000
  • STATUS: Active
  • ON SITE: 58 Days
  • MLS #: 3753006
UPDATED: 131 min ago
$1,100,000
  • 0
    BEDS
  • 0.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,228
    SQFT
  • $152
    $/SQFT
Type:
Commercial
Built:
1968
County:

School Ratings & Info

Description

UNBELIEVABLE: 4-UNIT PROF. MEDICAL BLDG FOR SALE CORNER LOCATION WITH ABUNDANT PARKING 90% LEASED, 1 UNIT AVAILABLE, EXCELENT INVESTMENT PROPERTY OR IDEAL OWNER/USER FOR MEDICAL AND/OR GENERAL OFFICE USER, MINUTES FROM RT 28, 22, I-287 AND RWJ UNIVERSITY HOSPITAL SOMERSET, EXISTING INCOME: $106,845.48, TOE $30,281.40, NOI $76,564.08, 7% CAP RATE, PROJECTED ONCE VACANT UNIT LEASED NOI: $94,873 AND 9 % CAP

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Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Zebaida Group at Keller Williams Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Zebaida Group at Keller Williams Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-01-17T23:46:07.023.
www.zebaidagroup.com/homes/123458427
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515 Church St Bound Brook Boro, NJ 08805

  • Price: $1,100,000
  • Status: Active
  • On Site: 58 Days
  • Updated: 131 min ago
  • MLS #: 3753006
0
Beds
0
Baths
0
½ Baths
0.6
Acres
7,228
SQFT
$152
$/SQFT
1968
Built
County:
Somerset
Area:
Bound Brook Boro
Property Description
UNBELIEVABLE: 4-UNIT PROF. MEDICAL BLDG FOR SALE CORNER LOCATION WITH ABUNDANT PARKING 90% LEASED, 1 UNIT AVAILABLE, EXCELENT INVESTMENT PROPERTY OR IDEAL OWNER/USER FOR MEDICAL AND/OR GENERAL OFFICE USER, MINUTES FROM RT 28, 22, I-287 AND RWJ UNIVERSITY HOSPITAL SOMERSET, EXISTING INCOME: $106,845.48, TOE $30,281.40, NOI $76,564.08, 7% CAP RATE, PROJECTED ONCE VACANT UNIT LEASED NOI: $94,873 AND 9 % CAP
Exterior Features

Approximate Lot Size 130X200 Construction Brick/Block Exterior Description Brick/Block Location See Remarks Lot Description Level Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description BlacktopOff-Street ParkingOn-Street ParkingParking Lot-Shared Roof Description Flat

Interior Features

Basement Yes Basement Description Unfinished Cooling 4+ UnitsCentral AirSee Remarks Equipment Available See RemarksStorage Area(S) Heating 4+ UnitsSee Remarks Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 4 Office Sq Ft 7228

Property Features

Expenses Include See Remarks For Sale Or Lease For Sale Fuel Type ElectricGas-Natural Gross Operating Income 106845 Lease Type Modified Net Operating Income 76563 Permitted Use Office/Professional Primary Property Type Office Building Complex Prior Use Office/Medical Bldg Property Type Office Building ComplexSee Remarks Sale Includes Building & Land Sewer Public Sewer Suite Number 0 Tax Amount 23569 Tax Rate Amount 3.087 Tax Rate Year 2020 Tax Year 2020 Total Operating Expense 30281 Utilities ElectricGas-Natural Utilities Paid By Tenant Water Public Water Year Built Description Approximate Zoning See Remarks

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Bhhs - New Jersey Properties.


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Zebaida Group at Keller Williams Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Zebaida Group at Keller Williams Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-01-17T23:46:07.023.
 
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Zebaida Group at Keller Williams Realty
4245 Town Center Way
Livingston NJ, 07039