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Michael Practico

Richardson Commercial Realtors

Office Phone: 609-586-1000


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Published on: Thursday, January 12, 2017 9:54:12 AM
Updated on: Thursday, January 12, 2017 9:54:12 AM
Purchase with B2B
Purchase with B2B
 Purchase with Business to Business
Quick Glance

Listing ID: CL-New Jersey-91342

Status: Accepting Offers

Financing: No Financing Available

Occupancy: 0%

Year Build: 0


Building Size: 0 SqFt

Lot Size: 0 Not Specified

No of Stories: 0

No of Parking: 0

Business Available for Sale: No

Is Net Lease Investment: No

Property On Ground Lease: No

Building Status: Existing


Offer to Millionaire Club: No

Listing Summary: An attractive office building in a well-established business community minutes from Interstate 295, which allows accessibility from not only Mercerville but surrounding communities. A physician who recently retired, used the entire first floor office as a doctor’s office, with a handicap ramp into the building from the rear parking area. Excellent investment property as well as owner occupied unit while receiving rental income for other units.

Acquisition Option Selected: Traditional Purchase

Cap Rate (%): 0

Commission Split (%): 0

Complete Details

Year Build: 0

Building Size: 0 SqFt.

No of Stories: 0

Total Lot Area: 0.00 Not Specified

No of Parking: 0

No of Total Units: 0

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Not Specified

Building Class: Not Specified

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: No

Roofing: Not Specified

Occupancy: 0%

Full Description

The property is improved with a 2 story 2,004+/- square foot office building plus a walk up attic. The building has a vinyl exterior, concrete foundation and a hipped roof surfaced with shingle. There are 16 newer replacement windows on the first floor. The roof is approximately 10 years old. A physician who recently retired used the entire first floor as a doctor’s offices. The first floor of the building is 1,258+/- SF and consists of 10 rooms and two half baths. The flooring is primarily carpeting. There are six window air conditioners on the first floor. Energy efficient LED lighting in some of the areas. The first floor can be divided into a front office and a back office with separate entrances. The first floor back office has three examination rooms and two of them have a sink while the third has a half bath which can be accessed from another examination room. There is also a waiting room where you can fit 12 chairs for patients and a reception room. The first floor front office consists of five rooms with a separate entrance in the front of the building. There is a waiting room, a kitchenette area which can also be a small office. There are three more office and a half bath. The second floor of the building is 746+/- SF and consists of four large rooms – two in the rear of building and two in the front. It has a half bath and three window unit air conditioners. There is also a walk up attic for storage and a large basement for storage. The building is serviced by an oil fired hot water heating system. Cooling is provided by window unit air conditioners. The electrical service to the building is single phase, 150+/- amp.

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