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421 Rte 206 Hillsborough, NJ 08844

  • Commercial real estate
  • 6,063 SF
  • 1.54 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 421 Rte 206

Year built
1950
Lot size
1.54 lot acres
Property size
6,063 SF
Property type
Commercial real estate

Description

This exceptional free-standing professional office building, located at 421 Route 206 Unit 421 in Hillsborough, NJ, presents a unique investment opportunity. Spanning 6,063 square feet across three floors, this turn-key property boasts a versatile layout ideal for a variety of commercial uses. Previously utilized as a real estate office, the space includes numerous private offices, well-appointed conference rooms, and open bullpen areas to accommodate diverse work styles. Three bathrooms and kitchenettes provide ample convenience for staff and clients. The building sits on a 1.54-acre lot, offering abundant off-street parking for employees and visitors. Its location within the Town Center district allows for multiple permitted uses, maximizing flexibility for the new owner. High visibility is ensured by prominent pylon signage, guaranteeing excellent exposure to potential clients and customers. The asking price is $7,073,000, with a net lease rate of $14 per square foot. This property is a rare find, combining prime location, ample space, and versatile functionality in a highly desirable New Jersey market. Don't miss this chance to acquire a truly exceptional commercial asset.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Hillsborough
County
Somerset
State
New Jersey
Longitude
-74.6427
Latitude
40.5052
More about this property
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