215 Union AveBridgewater, NJ 08807

Property Details for 215 Union Ave

Lot size

1.46 AC

Zone code

MPD

Property type

Commercial real estate

APN

06 00206-0000-00041

APU

600206000000041

Description

This exceptional 2,690 square foot medical office condo suite presents a unique investment opportunity in Somerset County. Situated within a freestanding five-unit medical professional building, this single-tenant property boasts a highly desirable location directly across from RWJ-BH Hospital, ensuring high visibility and convenient access for patients. The well-designed layout includes five exam rooms, fully equipped nurse stations, spacious doctors' offices, and a large reception area with capacity for 15-18 people. Additional amenities include a comfortable staff lounge, enhancing the overall functionality and appeal of the space. Previously occupied by an orthopedic practice, this turnkey property is ready for immediate occupancy by a new medical professional. The suite is offered for lease at $22 per square foot, triple net (NNN). Alternatively, the property is also available for purchase at $549,700. This represents a compelling opportunity to acquire a well-established medical office space in a prime location with excellent potential for growth and return on investment. The building's strategic placement across from a major hospital provides unparalleled access to a large patient base and a strong referral network. The existing infrastructure and layout are conducive to a variety of medical specialties, making this a versatile and attractive option for healthcare providers seeking a well-equipped and conveniently located practice space. The property's single-tenant occupancy simplifies management and provides a stable income stream for investors.

Location Insight

City

Bridgewater

County

Somerset

State

New Jersey

Latitude

40.5714

Longitude

-74.5922

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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