401-450 Wall St Princeton, NJ 08540
This two-story, 34,506-square-foot Class C medical office building at 401-450 Wall Street in Princeton, NJ, offers a unique investment opportunity. The property features eight suites, with 17,184 square feet currently vacant, presenting significant potential for expansion or redevelopment. Built in 1975, the building boasts 25 parking spaces and is conveniently located near Route 206 and Wall Street, providing easy access to downtown Princeton (5 minutes away), major highways, and Princeton Airport. Commuters will appreciate the proximity to Princeton Junction Train Station (15 minutes), offering Amtrak and NJ Transit service. The property benefits from a range of amenities, including an on-site café/deli, on-site property management, 24-hour access, a security system, and a conferencing facility. Central heating and air conditioning are installed throughout. The building is part of a larger complex, offering tenants access to a nearby municipal park with a fitness center, basketball and tennis courts, and jogging trails. This property is ideal for medical practices seeking a well-located, amenity-rich space in a thriving Princeton community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.