Modern Wellness Center For
15 E Railroad Ave Monroe Township, NJ 08831
For Sale
$3,750,000
14,000 sq ft wellness center built in 2020.
Property Size14,000 SF
Lot Size6.00 Acres
Price / SF$267.86
Days on Market102
Property Features for 15 E Railroad Ave
General Information
- Standard status
- Active
- Size
- 14,000 SF
- Lot size
- 6.00 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1880
Listing Agency:
CENTURY 21 BURKE REALTY
(732) 658-6800
Listed By:
JOHN BURKE · License #1221032
Source:
Corcoran
Added: Apr 14
Changed: Jul 10
Last Checked: Jul 23 at 6:44AM
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 CENTURY 21 BURKE REALTY
Investment Insights
Based on property information with market context.
This modern wellness center, custom built in 2020, offers a premier investment or owner-occupy opportunity in downtown Jamesburg. The 14,000 sq ft building is set on 6 acres and features a sleek, modern design with high-end finishes across three levels. It includes 18 treatment rooms, a rehab gym, digital X-ray, an elevator, and smart technology throughout. The property is fully ADA-compliant and includes 43 parking spaces. The building is divided into three owner-occupied levels of space, 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. Additional features include a full bath and locker rooms. Possible uses include an adult day care or rehab center. The owner is interested in potentially staying on as a tenant.
Key Highlights
- Modern, custom‑built (2020) 14,000 sq ft wellness center with high‑end finishes.
- Includes 18 treatment rooms, rehab gym, digital X‑ray, elevator, and smart tech.
- Fully ADA‑compliant with 43 parking spaces.
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 | $369.6k | $26.40 |
| − Vacancy | −$22.2k | −$1.58 |
| EGI | $347.4k | $24.82 |
| − OpEx | −$139.0k | −$9.93 |
| NOI | $208.5k | $14.89 |
14,000 SF · lease $26.40/SF/yr · vacancy 6.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$2.98M
$2.61M – $3.47M
NOI $208,454 @ 7.0% cap · market cap 5.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.66M
$3.20M – $4.26M
NOI $255,898 @ 7.0% cap · market cap 6.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical centers
FAQs
What type of property is this?
Medical center - 14,000 sq ft wellness center built in 2020.
Where is this medical center located?
The property is located at 15 E Railroad Ave Monroe Township, 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: Modern, custom‑built (2020) **14,000 sq ft wellness center with high‑end finishes.**; Includes **18 treatment rooms, rehab gym, digital X‑ray, elevator, and smart tech.**; Fully ADA‑compliant with 43 parking spaces.
