663 Brace Ave Perth Amboy, NJ 08861
- Office buildings
- 2,964 SF
- 0.11 lot acres
Current Use by Public Records
- Husain Aftab MD / Urologist
- Urologic Solutions / Urologist
- Nations Med / Doctor
Property Details for 663 Brace Ave
- Year built
- 1960
- Construction
- BRICK
- Lot size
- 0.11 lot acres
- Property size
- 2,964 SF
- Zone code
- R-50
- Property type
- Office buildings
- APN
- 16 00190- 07-00001
- APU
- 16001900700001
Description
This exceptional 2,964 square foot commercial property at 663 Brace Avenue presents a unique opportunity for a variety of businesses. The single-tenant space boasts a fully renovated interior with modern finishes, creating a professional and inviting atmosphere. A highlight is the inclusion of all utilities in the lease, minimizing operational costs. The layout features a large private office complete with its own private bathroom, providing a high level of privacy and convenience. In addition to the private office, there's an open space ideal for various business needs. A private entrance and an additional bathroom within the unit enhance the functionality and comfort. A small outdoor area provides space for a few waiting chairs. The property is zoned R-50, allowing for a range of uses, including medical practices. This makes it perfect for a medical spa, esthetician, physician, therapist, accountant, attorney, photographer, real estate team, mortgage broker, or any small online business seeking a professional physical address. The property sits on a 0.107-square-foot lot and is a single-story building. A minimum one-year lease is required. This is a fantastic opportunity to secure a well-appointed, conveniently located commercial space at a competitive price.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $355,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $460,000
- 6.5%
- $410,000
- 7%
- $395,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $420,000
- Geo Method
- $405,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $415,000
- Retail
- $415,000
- Mixed-Use
- $440,000
- Hospitality
- $415,000
- Educational
- $460,000
- Residential Income
- $375,000
- Energy
- $340,000
- Income-Based Land
- $385,000
- Food Service
- $430,000
Location Insight
- Map
- Local Demand
- City
- Perth Amboy
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.2868
- Latitude
- 40.5237
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA