1395 State Rt 23, Butler, NJ 07405-1732
This exceptional 1,000+ square foot office suite presents a fantastic investment opportunity in a high-traffic location on State Route 23 South in Butler, NJ. Situated on a 0.12-acre lot, this first-floor unit boasts exceptional visibility thanks to its road signage. Previously utilized as a doctor's office, the adaptable layout is ideal for a variety of professional uses, including dental, legal, or other medical practices. The space includes a welcoming reception area, a secretary's office with three workstations, three exam rooms, two consultation rooms, a dedicated lab room, a convenient kitchenette, ample storage, and two and a half bathrooms. The property features numerous upgrades, including newer cabinetry throughout, a recently installed HVAC system with central air conditioning and heating, and a newer roof. The large on-site parking lot ensures convenient access for clients and staff. This move-in ready office suite offers a blend of functionality, modern amenities, and a prime location, making it an attractive proposition for discerning business owners. Its accessibility features cater to a wide range of potential occupants. The property's central location provides easy access to various amenities and services.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HC · Butler, NJButler. Always verify with local authorities before improvements.
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.