1 Brier Hill Court, East Brunswick NJ 08816, 1204 - East Brunswick, NJ 08816

$535,000
1,632
SqFt

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List Price
$535,000
Days on Market
4
Status
ACTIVE
MLS#
2705954R
Living Area
1,632
Lot Size (Acres)
0.12
Year Built
1979

Property Description

Two-Unit Medical & Professional Office Condo Portfolio | East Brunswick, NJ Davis Commercial is pleased to present the opportunity to acquire a portfolio of two freshly renovated office condominiums located within the well-established Brier Hill professional and medical complex in East Brunswick, New Jersey. The portfolio consists of Unit A-1, totaling approximately 1,632 SF, comprised of approximately 816 SF on the main level plus 816 SF of finished basement space, and Unit A-2, consisting of approximately 785 SF on the ground floor. Both units are currently occupied by established professional/medical tenants. One suite is leased to a long-standing psychology practice, while the second is occupied by a podiatry practice, providing an attractive opportunity for an investor seeking stabilized office/medical assets with existing tenancy in place. The condominium structure provides for straightforward, low-maintenance ownership, with the association handling many common-area and exterior responsibilities, including landscaping and snow removal. In addition, the tenants are responsible for much of the day-to-day interior maintenance of their respective suites, resulting in relatively limited ongoing landlord responsibilities and making the portfolio particularly well suited for an investor seeking a manageable, income-producing commercial asset. Brier Hill is an established professional and medical complex conveniently situated near Cranbury Road and Route 18, with easy access to New Jersey Turnpike Exits 9 and 8A, Route 1, and the greater East Brunswick and Central New Jersey market. Investment Highlights Two-unit medical/professional office condominium portfolio Unit A-1: 1,632 SF 816 SF main level plus 816 SF finished basement Unit A-2: 785 SF ground-floor office 2,417 SF total, including finished basement space Freshly renovated office suites 100% occupied by established professional/medical tenants Long-standing psychology practice and podiatry practice Low-management investment with limited landlord responsibilities Association-maintained common areas and exterior services, including landscaping and snow removal Tenants responsible for much of their respective interior maintenance Located within the established Brier Hill professional/medical complex Convenient access to Cranbury Road, Route 18, Route 1, and the New Jersey Turnpike Opportunity to acquire stabilized, income-producing medical/professional office condominiums

Additional Information

Area
1204 - East Brunswick
Utilities
Electricity Connected, Natural Gas Connected
Floors
See Remarks
Taxes
$9,091
Lot Size
5,227
Parking Driveway
Parking Lot
Water
Public
Levels
1
Heat Fuel
Forced Air
Cooling
Central Air
Water Sewer
Public Sewer
Interior
See Remarks
Roof
Asphalt
Parking Spaces
25
Stories
1
Show Address
Yes

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