Move-In Ready Freestanding Office

1202 S Olden Ave Hamilton, NJ 08610

Claim this Listing
New
For Sale
$550,000

Freestanding building with seven offices, open work areas, two baths, and a kitchenette on-site parking.

Type:Commercial
Property size:
2,400 SF
Price / SF:
$229/SF
Added:
Jul 9, 2026
Days on Market:
2
Last Refresh:
Jul 10 at 2:22 am

Property Features for 1202 S Olden Ave

General Information

Standard status
Active
Size
2,400 SF
Property subtype
Commercial

Building Details

Year Built
1945

Listing office Realty One Group Central

Listing date Jul 9, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Realty One Group Central


Investment Insights

Based on property information with market context.

Move-in ready freestanding commercial building offering approximately 2,400± SF of flexible interior space. The layout includes seven offices, open work areas, two bathrooms, a kitchenette, recessed LED lighting, updated flooring, and abundant natural light.

The property is positioned on a highly visible street in Hamilton and provides excellent street frontage with on-site parking. Convenient access is available to Routes 206, 130, I-195, and I-295, supporting a wide range of professional and customer-facing uses, subject to township approvals.

Suitable for an owner-user or investor, the building’s mix of private offices and open areas provides a practical configuration for day-to-day operations across office, medical, retail, or service applications, pending approvals.

Key Highlights

  • Move‑in ready freestanding commercial building (approx. 2,400 SF) built in 1945
  • Interior layout includes seven (7) offices plus open work areas for flexible commercial use
  • Two (2) bathrooms, recessed LED lighting, updated flooring, and a kitchenette

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 $70.8k $29.52
− Vacancy −$15.3k −$6.38
EGI $55.5k $23.14
− OpEx −$22.2k −$9.26
NOI $33.3k $13.89
2,400 SF · lease $29.52/SF/yr · vacancy 21.60% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$476.1K
$416.6K – $555.5K (±1% cap)
NOI $33,327 @ 7.0% cap · market cap 6.06%
Second Best
Office B
$307.6K
$269.1K – $358.9K (±1% cap)
NOI $21,531 @ 7.0% cap · market cap 3.91%
Theoretical Best
Warehouse
$772.2K
$675.7K – $900.9K (±1% cap)
NOI $54,052 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Real Estate Agency Law Firm Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Acupuncture Home Appliance Store Accounting Firm Catering Service Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Freestanding building with seven offices, open work areas, two baths, and a kitchenette on-site parking.
Where is this office building located?
The property is located at 1202 S Olden Ave Hamilton, NJ.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Move‑in ready freestanding commercial building (approx. 2,400 SF) built in 1945; Interior layout includes seven (7) offices plus open work areas for flexible commercial use; Two (2) bathrooms, recessed LED lighting, updated flooring, and a kitchenette
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message