2101 County Route 516 Route, Old Bridge NJ 08857, 1215 - Old Bridge, NJ 08857

Property Description

Exceptional opportunity to own a highly visible, income-producing professional office/medical building situated on approximately 0.84 acres with abundant on-site parking. Built in 2000, this well-maintained property offers approximately 10,000 sq ft of total rentable space, including approximately 5,000 square feet on the main level and an additional approximately 5,000 square feet on the lower level. The property is fully built out for professional, medical and commercial office use and features multiple established suites with updated reception and waiting areas, conference rooms, private offices, kitchenettes, bathrooms and plumbing throughout many of the operational rooms. Suite A consists of approximately 2,500 square feet and is currently occupied by an orthodontist practice with a lease through July 1, 2027. Suite B is an approximately 600-square-foot fully renovated attorney's office with a lease through July 29, 2027. Suite C offers approximately 1,600 square feet with a reception area, waiting room and multiple offices; the longtime tenant remains responsible for rent under an existing lease despite the suite currently being physically vacant, creating potential future owner-user flexibility. The expansive lower level provides tremendous additional office, lounge, storage and mechanical space along with a bathroom, superior-wall foundation system, insulated ceiling and a large mechanical/storage area. Additional features include ADA accessibility, handicap parking, central vacuum servicing the suites, central fire and burglar monitoring, a complete security system, fire suppression sprinkler system professionally maintained annually with records, French drainage surrounding the property, sump pump, water filtration and pump servicing the orthodontic suite, and on-site dumpsters. Major recent improvements include five brand-new central air conditioning and forced hot-air systems, replacement of two of the three hot water heaters, an approximately 10-year-old roof and a newly installed approximately $20,000 full-color digital message board with cloud-based programming, time and temperature display. The attractive stucco exterior, asphalt roof, substantial parking capacity and flexible suite configuration make this an outstanding opportunity for an investor seeking existing rental income or an owner-user looking to establish a professional or medical presence in a prominent Route 516 location.