540 Bordentown AveSouth Amboy, NJ 08879
- Other commercial real estate
- 116,874 SF
Property Details for 540 Bordentown Ave
- Lot size
- 3.04 AC
- Property size (Sq ft)
- 116,874 SF
- Property type
- Other commercial real estate
- APN
- 20 00089-0000-00005
- APU
- 2000089000000005
Description
This exceptional four-story medical office building, located at 540 Bordentown Avenue in South Amboy, New Jersey (zip code 08879), presents a unique investment opportunity. The property, formerly South Amboy Hospital, boasts 116,874 square feet on a 3.04-acre lot (APN 2000089000000005) and is zoned RA. The building features 100 parking spaces, an elevator, and a medical ramp, catering to the needs of a diverse range of medical professionals. The property is offered as a single-tenant building with one suite. Flexible space is available, ranging from 800 to 11,000 square feet, making it ideal for various medical uses, including doctors' offices, surgical suites, physical therapy centers, counseling practices, wellness centers, rehabilitation facilities, dental clinics, or general office space. The asking rent is $12.00 per square foot, with a triple net (NNN) charge of $5.00 per square foot. This prime location in South Amboy offers excellent visibility and accessibility, making it an attractive proposition for medical practices seeking to establish or expand their presence in a thriving community. The property's history as a hospital provides a solid foundation for continued success in the healthcare sector.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $22,117,132
- Hospitality
- $20,259,174
- Educational
- $16,855,394
- Medical
- $17,435,078
- Retail
- $26,219,504
Location Insight
- City
- South Amboy
- County
- Middlesex
- State
- New Jersey
- Latitude
- 40.4755
- Longitude
- -74.2866
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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