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680 Easton Ave

5,000 SF 7% Leased Office Building Somerset, NJ 08873 £783,299 (£157/SF)

Investment Highlights

  • Potential Uses: Medical practice, commercial, office, storage, or cannabis business.
  • The building offers generous interior space, ideal for various business configurations and layouts.
  • Strategically located in a high-traffic area, this property benefits from excellent visibility and easy access.
  • The property's versatility and prime location make it an excellent investment
  • Spacious lot provides ample room for expansion, outdoor activities, or additional structures.
  • Plenty of parking spaces available to accommodate customers, employees, and visitors.

Executive Summary

Invest in a versatile commercial property in Somerset, NJ. This 3-unit building offers a prime opportunity for medical practices, offices, storage facilities, or even cannabis businesses. With its strategic location and flexible space, this property is perfect for entrepreneurs and investors seeking a profitable venture. Don't miss this chance to own a property with endless potential. Subject to seller clearing and taking title.

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,000 SF
Building Class
C
Year Built
1985
Price
£783,299
Price Per SF
£157
Percent Leased
7%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
2,400 SF
Building FAR
0.23
Lot Size
0.49 AC
Zoning
Office Professional - (OP) zoned. Ideal for law, medical, dental, accounting, real estate, or corporate offices in NJ. Consult local zoning for specific regulations.
Parking
16 Spaces (3.2 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-00322-0000-00001
Land Assessment
£352,485
Improvements Assessment
£289,821
Total Assessment
£642,306
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024
  • Listing ID: 34172778

  • Date on Market: 12/12/2024

  • Last Updated:

  • Address: 680 Easton Ave, Somerset, NJ 08873

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