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    OFF-MARKET
    Office Spaces

    1124 12, Raritan, NJ 08869

    8,979 SF 0.02 ac lot Built 1979
    Property ID
    Property summary
    AI-generated overview

    This exceptional 8,979 square foot office condo presents a rare investment opportunity in Raritan, NJ. Located at 1124 Route 202, Unit B9,12, this property boasts a prime location, offering easy access to Bridgewater and Route 287. The unit is comprised of two distinct office spaces, each offering a complete and functional layout, perfect for a single user or for separate leasing opportunities. Recent renovations include new carpeting, windows, air conditioning units, and lighting throughout, ensuring a modern and comfortable workspace. Each space features three private offices, a welcoming reception area, a relaxing lounge, two conference rooms, two fully equipped kitchens, and two bathrooms. The property sits on a 0.02-acre lot and is offered at $354,000. This turnkey solution eliminates the need for extensive renovations, allowing for immediate occupancy and potential rental income. The high visibility location on Route 202 ensures excellent exposure for your business. Don't miss this chance to acquire a meticulously maintained and highly desirable commercial property in a thriving New Jersey market. This is a truly unique opportunity to own a versatile and profitable office space. The dual-unit configuration provides flexibility for expansion, consolidation, or generating rental income. The property's recent upgrades ensure a move-in ready condition, minimizing upfront costs and maximizing return on investment.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1979
    Total area 8,979 SF
    Lot 0.02 ac (871 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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