For Sale
$1,875,000

2875 Us-1North Brunswick Township, NJ 08902

10,000 SF Office, Owner/User Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 10,000-square-foot Class B office building in North Brunswick Township, NJ, presents a unique owner-user opportunity. Situated on a 2.07-acre lot at a highly visible corner with excellent access to Route 1 and the NJ Turnpike, this single-story, 1983-built property offers 58 parking spaces. The building features 8 executive offices, 4 bathrooms, a large bullpen and secretarial area, and 6 conference rooms, all with ample natural light and handicap accessibility. Currently zoned C-2, this property boasts a prestigious Route 1 address and is ideal for executive or medical office use. The asking price is $1,875,000 ($187.50/SF). Real estate taxes for 2023 were $52,800, and building expenses (excluding individual condo utilities) totaled $51,000. The seller offers flexibility: occupy the entire 10,000 square feet, or participate in a sale-leaseback arrangement, retaining approximately 3,500 square feet. This presents a compelling investment opportunity for businesses seeking a prominent location with adaptable space. The property is a single unit condo with a condo association responsible for common area expenses.

Highlights

  • $1,875,000 asking price for a 10,000 SF Class B office building.
  • Located at a highly visible corner with excellent access to Route 1 and the NJ Turnpike.
  • Sale/leaseback option available; seller will occupy approximately 3,500 SF, leaving 6,500 SF available to the buyer.
  • 2023 real estate taxes: $52,800; building expenses: $51,000 (excluding individual condo utilities).
  • Features 8 executive offices, 4 bathrooms, a large bullpen, secretarial area, 6 conference rooms, and ample natural light. The building is handicap accessible.
  • The property includes 58 parking spaces and sits on a 2.07-acre lot.

Property Details for 2875 Us-1

Property type
Office properties, Medical offices
Square Feet
10,000 SF
Class
B
Year Built
1983
Buildings
1
Stories
1
Lot Size (sq. ft)
90,169 SF
Units
1

Location Insight

City
North Brunswick Township
County
Middlesex
State
New Jersey
Latitude
40.432673
Longitude
-74.5162536
2875 Us-1, North Brunswick Township, New Jersey

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2875 Us-1
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