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    Modern Wellness Center For Sale Title is generated by Realmo AI

    15-17 E Railroad Avenue, Middlesex, NJ 08846

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    Claim this Listing
    For Sale
    $3,750,000

    COMMERCIAL - Middlesex, NJ

    Property size:
    14,730 SF
    Lot size:
    5.40 Acres
    Price / SF:
    $254/SF
    Added:
    Aug 4, 2025
    Days on Market:
    328
    Last Refresh:
    Jun 27 at 3:06 pm

    Property Features for 15-17 E Railroad Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    41
    Parking features
    Open
    Standard status
    Active
    APN
    08-00028-0000-00002
    Size
    14,730 SF
    Lot size
    5.40 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    47156

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    2020
    Floors in Building
    3
    Flooring type
    Wood, Vinyl
    Roof type
    Shingle

    We can help!

    Contact an agent
    John H Burke

    Listing agent John H Burke License #1221032

    Listing office Century 21 Burke Realty 1882 Route 1, North Brunswick, NJ

    Listing date Aug 4, 2025

    MLS# 22523385

    Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Custom‑built 2020 modern wellness center totaling 14,000 SF across three levels
    • 6‑acre property with 43 parking spaces and open parking layout
    • ADA‑compliant building with 18 treatment rooms plus a rehab gym and elevator
    • Includes digital X‑ray and smart tech throughout
    • Basement level offers a gym, Pilates room, and large workout room for classes and seminars
    • Served by public water and public sewer; shingle roof and forced‑air heating

    Overview

    This 14,000 square foot wellness center, custom built in 2020, is located in Middlesex, NJ, set on 6 acres. The modern design features high-end finishes across three levels. The building includes 18 treatment rooms, a rehab gym, digital X-ray, an elevator, and smart technology throughout. Fully ADA-compliant, the property includes 43 parking spaces. The space is divided into three owner-occupied levels, currently housing a chiropractor, pain management, and physical therapy practices. The basement level features a gym, Pilates room, and a large workout room suitable for classes and seminars, along with a full bath and locker rooms. The property represents an investment or owner-occupy opportunity. The owner is interested in potentially staying on as a tenant.

    Local Financial Insights For Healthcare Medical

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $388.9k $26.40
    − Vacancy −$23.3k −$1.58
    EGI $365.5k $24.82
    − OpEx −$146.2k −$9.93
    NOI $219.3k $14.89
    14,730 SF · lease $26.40/SF/yr · vacancy 6.00% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $3.13M
    $2.74M – $3.66M (±1% cap)
    NOI $219,324 @ 7.0% cap · market cap 5.85%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $3.85M
    $3.37M – $4.49M (±1% cap)
    NOI $269,241 @ 7.0% cap · market cap 7.18%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Medical centers

    Map

    City
    Middlesex
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.434284
    Latitude
    40.34919

    FAQs

    What type of property is this?
    Medical center - 14,000 SF wellness center built in 2020 on 6 acres.
    Where is this medical center located?
    The property is located at 15-17 E Railroad Avenue Middlesex, NJ.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: Custom‑built 2020 modern wellness center totaling 14,000 SF across three levels; 6‑acre property with 43 parking spaces and open parking layout; ADA‑compliant building with 18 treatment rooms plus a rehab gym and elevator
    More about this property
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