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    Medical Office Condo For Sale Title is generated by Realmo AI

    504 Hamburg #204B, Wayne, NJ 07470

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    For Sale
    $399,000

    Well-appointed medical office condo with existing infrastructure and scenic views.

    Type:Commercial
    Property size:
    1,500 SF
    Price / SF:
    $266/SF
    Added:
    Jun 19, 2025
    Days on Market:
    360
    Last Refresh:
    Apr 5 at 9:18 pm

    Property Features for 504 Hamburg #204B

    General Information

    Standard status
    Active
    Size
    1,500 SF
    Property subtype
    Commercial

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    Listing Contact
    LISA MCCAFFERTY
    LISA MCCAFFERTY

    Listing agent LISA MCCAFFERTY

    Listing office HOWARD HANNA RAND REALTY

    Listing date Jun 19, 2025

    Source Corcoran

    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 HOWARD HANNA RAND REALTY

    HighLights

    • Equipped with essential infrastructure: plumbing, dental chairs, built‑ins with sinks, and X‑ray machines for substantial cost savings.
    • Ideal for dental specialists (Oral Surgery, Endo, Ortho) or medical professionals.
    • End unit office condo with 1500 sq. ft. of space.
    • Features four operatories, a lab/sterilization room, kitchenette, and restroom.
    • Includes a private office with a second restroom.
    • Located in Wayne Commons, a well‑maintained office building with elevator access and ample parking.

    Overview

    This end unit office condo offers potential for various businesses, particularly dental specialists, oral surgery, endodontics, orthodontics, or general medical practices. The 1,500 square foot space includes plumbing, dental chairs, built-ins with sinks, and X-ray machines. The waiting room offers views of the surrounding area. The office features four operatories, a lab and sterilization room, a kitchenette, and a restroom. There is also a private office with a second restroom. Wayne Commons is a well-maintained office building with elevator access and ample parking.

    Local Financial Insights For Office B

    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 $45.0k $30.00
    − Vacancy −$14.4k −$9.60
    EGI $30.6k $20.40
    − OpEx −$7.7k −$5.10
    NOI $23.0k $15.30
    1,500 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $327.9K
    $286.9K – $382.5K (±1% cap)
    NOI $22,950 @ 7.0% cap · market cap 5.75%
    Second Best
    Healthcare Medical
    $319.1K
    $279.2K – $372.2K (±1% cap)
    NOI $22,334 @ 7.0% cap · market cap 5.60%
    Theoretical Best
    Office A
    $391.7K
    $342.7K – $457.0K (±1% cap)
    NOI $27,418 @ 7.0% cap · market cap 6.87%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    New Jersey Acupuncture ... Medical Clinic Speedy Local HVAC ... Hardware & Home Improvement Bitcon Photo & Video Photography Service TCM Acupuncture Medical Clinic Susanna N. Ho, ... Alternative Medicine Practice

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Wayne Hills Animal Hospital — 296 Church Ln, Wayne, NJ 07470

    Location Insight

    • Map
    • Local Demand
    City
    Wayne
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.2121
    Latitude
    40.9552

    FAQs

    What type of property is this?
    Medical Office Space - Well-appointed medical office condo with existing infrastructure and scenic views.
    Where is this medical office space located?
    The property is located at 504 Hamburg #204B Wayne, NJ.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Equipped with essential infrastructure: plumbing, dental chairs, built‑ins with sinks, and X‑ray machines for substantial cost savings.; Ideal for dental specialists (Oral Surgery, Endo, Ortho) or medical professionals.; End unit office condo with 1500 sq. ft. of space.
    More about this property
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