Turnkey Office Condo For
445 WHITE HORSE AVENUE 201 Hamilton, NJ 08610
445 WHITE HORSE AVENUE 201, Hamilton, NJ, 08610
$240,000
For Sale
$240,000
1,300+ sq ft office condo ideal for medical/professional use.
Property Size1,300 SF
Price / SF$184.62
Days on Market453
Property Features for 445 WHITE HORSE AVENUE 201
General Information
- Standard status
- Active
- Size
- 1,300 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1987
Listing Agency
Better Homes and Gardens Real Estate Maturo
(908) 418-3517
Listed by
Seth Davidson · License #1755116
(908) 418-3517
Source
Exitrealty
Added: Apr 21, 2025 Checked: Jul 17 at 5:05 am
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 Better Homes and Gardens Real Estate Maturo
Investment Insights
Based on property information with market context.
This 1,300+ sq. ft. private office condo is currently configured as a dental office and is available for purchase. The space is suitable for dental, medical, or professional office use. The layout includes two fully equipped operatories, with a third room plumbed for an additional operatory. It also features a reception area, office space, a sterilization room, a kitchen, and two bathrooms. The property could be converted to accommodate any medical practice or professional office space, with several offices already divided. A well-maintained parking lot provides ample parking. This turnkey office is ready for immediate use and provides an environment for healthcare or professional businesses.
Key Highlights
- Turnkey office space ready for immediate use.
- Includes two fully equipped dental operatories, with a third room plumbed for an additional operatory.
- Suitable for dental, medical, or professional office use.
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 | $38.4k | $29.52 |
| − Vacancy | −$8.3k | −$6.38 |
| EGI | $30.1k | $23.14 |
| − OpEx | −$12.0k | −$9.26 |
| NOI | $18.1k | $13.89 |
1,300 SF · lease $29.52/SF/yr · vacancy 21.60% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$257.9K
$225.7K – $300.9K
NOI $18,052 @ 7.0% cap · market cap 7.52%
Second Best
Office B
$166.6K
$145.8K – $194.4K
NOI $11,663 @ 7.0% cap · market cap 4.86%
Theoretical Best
Warehouse
$418.3K
$366.0K – $488.0K
NOI $29,278 @ 7.0% cap · market cap 12.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mercer Dental
Dental Office
Americare Medical Associates
Medical Group
Dr. Abdul-Hady M. ...
Physician
Dr. Parvin Alizadeh, ...
Pediatrician
Dr. Arthur G. ...
Physician
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FAQs
What type of property is this?
Medical Office Space - 1,300+ sq ft office condo ideal for medical/professional use.
Where is this medical office space located?
The property is located at 445 WHITE HORSE AVENUE 201 Hamilton, NJ.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Turnkey office space ready for immediate use.; Includes **two fully equipped dental operatories**, with a third room plumbed for an additional operatory.; Suitable for dental, medical, or professional office use.
