Active
281 Summerhill Road
East Brunswick NJ, 08816
$3,333,000
$207.95 per sqft
Active
16,028 sqft
Commercial
Built in 1975
FOR SALE: Freestanding 16,028 SF Office Building on 1.56 Acres. 281 Summerhill Rd. Presents a unique opportunity to purchase a fully leased and cash-flowing investment property in East Brunswick, NJ. The property is located at the intersection of Summerhill Rd, Ryders Lane, and Rues Lane, and is across from the Brunswick Square Mall. It is minutes from Routes 18, 9, and 516, with quick access to the NJTP Exit 9. The property is an ideal investment opportunity with stable leases in place and recent capital improvements completed. There are a total of 16 Tenant Spaces, which are all currently leased. The tenants are a mixture of medical, dental, and professional users. Spaces range in size from approx. 500SF- 2,000SF. The property is easy to manage and provides consistent and stable income. Ideal for any investor or 1031 exchange. Property Features: 16,028 SF on 2 Levels 1.56 Acres with two entrances from Summerhill Rd and one from Ryders Lane. Parking for +80 Cars On-Site 16 Tenant Spaces which are all leased Improvements: Newer Roof, Upgraded HVAC and LED Parking Lights Potential to Expand Existing Building by another 5K SF Private Bathrooms in Each Space Zoned OPC2 (Office Professional) permits all office and medical uses. Real Estate Taxes: $56,322 per year Asking $3,333,000 Investment details including rent roll and income/ expenses available upon request. Please contact Broker for more information or to schedule a site visit.
2413622R
MLSⓇ ID
June 20, 2024
Listed
October 14, 2024
Updated
Map
281 Summerhill Road
East Brunswick NJ, 08816
Interior Features
Total Stories
2
Floor Description
Carpet, Ceramic Tile, Composition Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
1.56 Acres
Lot Features
Highway Location
Roof
Rubber
Sewer
Public Sewer
Other Property Details
Taxes
$56,099
Tax Frequency
Annually
Garage
No
Parking Total
80
View
No
County
Middlesex
Water Source
Public
Pool
No
Zoning
OP1
Courtesy of DAVIS REALTORS with BRIAN T. WALSH,
Listing Contact:
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