24 Stelton RdPiscataway, NJ 08854

For Sale
$199,900

Fully Leased, High-Income Potential, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional three-story medical office building, constructed in 2009, presents a compelling owner-user or investment opportunity. Located at 24 Stelton Road in Piscataway, New Jersey (08854), this fee-simple property boasts 7,200 square feet across three units, currently operating at 100% occupancy. The building features a three-stop elevator, robust 5-200 amp electrical service, and efficient HVAC systems. High-quality Marvin Integrity low-e windows enhance energy efficiency. The property includes eight lavatories, four gas services, and four water services, catering to the needs of medical practices. Situated on a substantial 94,295 square foot lot, the building is zoned for commercial use and offers convenient access to major highways, shopping malls, and Rutgers University. The current monthly income exceeds $12,000, representing a strong return on investment. This is a rare opportunity to acquire a fully leased, high-performing medical office building in a desirable New Jersey location. The asking price is $199,900, translating to $27.76 per square foot.

Highlights

  • $199,900 asking price for this 7,200 SF medical office building.
  • Located at 24 Stelton Rd, Piscataway, NJ 08854.
  • 100% occupancy, generating over $12,000 monthly income.
  • Three-story building (2009 construction) with three units, offering 7,200 square feet on a 94,295 square foot lot.
  • Fee simple ownership.

Property Details for 24 Stelton Rd

Property type
Other office properties, Medical offices
Square Feet
7,200 SF
Year Built
2009
Buildings
1
Stories
3
Units
3

Location Insight

City
Piscataway
County
Middlesex
State
New Jersey
Latitude
40.5744838
Longitude
-74.4578385
24 Stelton Rd, Piscataway, New Jersey

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24 Stelton Rd
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